{"id":153429,"date":"2023-08-14T07:23:29","date_gmt":"2023-08-14T11:23:29","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153429"},"modified":"2023-08-14T07:23:30","modified_gmt":"2023-08-14T11:23:30","slug":"sportking-india-ltd-q1fy24-78-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/sportking-india-ltd-q1fy24-78-fall-in-profits\/","title":{"rendered":"Sportking India Ltd Q1FY24; 78% fall in Profits"},"content":{"rendered":"\n<p>Sportking India Limited, a part of the Sportking Group, is a textile manufacturing company engaged in the production of Yarns (Cotton Yarn, Synthetic Yarn, Blended Yarn), fabrics and garments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Sportking India Ltd reported Revenues for Q1FY24 of \u20b9539.00 Crores down from \u20b9606.00 Crore year on year, a fall of 11.06%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9519.00 Crores up from \u20b9491.00 Crores year on year, a rise of 5.7%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b918.00 Crores down 78.31% from \u20b983.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b913.68, down 78.12% from \u20b962.53 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914-839x1024.png\" alt=\"\" class=\"wp-image-153430\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sportking India Limited, a part of the Sportking Group, is a textile manufacturing company engaged in the production of Yarns (Cotton Yarn, Synthetic Yarn, Blended Yarn), fabrics and garments. Financial Results: Sportking India Ltd reported Revenues for Q1FY24 of \u20b9539.00 Crores down from \u20b9606.00 Crore year on year, a fall of 11.06%. Total Expenses for [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":153430,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5749],"tags":[12155,12145,11402],"class_list":["post-153429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-entertainment-stocks","tag-fabrics","tag-garments","tag-yarn"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179997,"url":"https:\/\/alphastreet.com\/india\/sportking-india-limited-posts-q3-fy26-profit-growth-revenue-rises-on-export-demand\/","url_meta":{"origin":153429,"position":0},"title":"Sportking India Limited posts Q3 FY26 profit growth; revenue rises on export demand","author":"Staff Correspondent","date":"February 9, 2026","format":false,"excerpt":"Sportking India Limited (NSE: SPORTKING, BSE: 539221) reported higher revenue and profit for the quarter ended Dec. 31, 2025, supported by export demand and high capacity utilisation across its spinning operations, according to the company\u2019s investor presentation. Q3 FY26 performance Revenue from operations for the third quarter rose 5.9% year\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":153456,"url":"https:\/\/alphastreet.com\/india\/salona-cotspin-ltd-q1fy24-68-fall-in-profits\/","url_meta":{"origin":153429,"position":1},"title":"Salona Cotspin Ltd Q1FY24; 68% fall in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Salona Cotspin Ltd is engaged in the manufacturing and selling of Cotton Yarn, Knitted Fabrics and Garments. The company caters to both domestic and international markets. Financial Results: Salona Cotspin Ltd reported Revenues for Q1FY24 of \u20b9140.56 Crores down from \u20b9155.17 Crore year on year, a fall of 9.42%. Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-923.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-923.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-923.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-923.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-923.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-923.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152530,"url":"https:\/\/alphastreet.com\/india\/sangam-india-ltd-q1fy24-73-fall-in-profits\/","url_meta":{"origin":153429,"position":2},"title":"Sangam (India) Ltd Q1FY24; 73% fall in Profits","author":"Chirag Gupta","date":"August 10, 2023","format":false,"excerpt":"Sangam (India) Limited is engaged in the business of manufacturing and selling of Synthetic Blended, Cotton & Texturised yarn, Fabrics, Denim Fabrics and readymade seamless garment. Financial Results: Sangam (India) Ltd reported Revenues for Q1FY24 of \u20b9677.00 Crores down from \u20b9713.00 Crore year on year, a fall of 5.05%. Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151451,"url":"https:\/\/alphastreet.com\/india\/banswara-syntex-ltd-q1fy24-49-fall-in-profits\/","url_meta":{"origin":153429,"position":3},"title":"Banswara Syntex Ltd Q1FY24; 49% fall in Profits","author":"Divyansh_Kasana","date":"August 7, 2023","format":false,"excerpt":"Banswara Syntex Limited is engaged in the business of manufacturing synthetic blended yarn, wool and wool mixed yarn, fabrics and readymade garments. Financial Results: Banswara Syntex Ltd reported Revenues for Q1FY24 of \u20b9302.67 Crores down from \u20b9355.48 Crore year on year, a fall of 14.86%. Total Expenses for Q1FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152191,"url":"https:\/\/alphastreet.com\/india\/t-t-ltd-q1fy24-23-fall-in-profits\/","url_meta":{"origin":153429,"position":4},"title":"T T Ltd Q1FY24; 23% fall in Profits","author":"Chirag Gupta","date":"August 9, 2023","format":false,"excerpt":"T T Limited is engaged in manufacturing of yarn, fabric, garments and other textile products. Financial Results: T T Ltd reported Revenues for Q1FY24 of \u20b959.29 Crores up from \u20b956.02 Crore year on year, a rise of 5.84%. Total Expenses for Q1FY24 of \u20b958.81 Crores up from \u20b955.61 Crores year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149898,"url":"https:\/\/alphastreet.com\/india\/ashima-ltd-q1fy24-14-fall-in-revenue\/","url_meta":{"origin":153429,"position":5},"title":"Ashima Ltd Q1FY24; 14% fall in Revenue.","author":"Divyansh_Kasana","date":"July 26, 2023","format":false,"excerpt":"Ashima Limited is engaged in the manufacture of 100% cotton Yarn Dyed Shirting fabrics, Denim fabrics and readymade garments as well as processing of textile fabrics. Financial Results: Ashima Ltd reported Revenues for Q1FY24 of \u20b953.35 Crores down from \u20b962.01 Crore year on year, a fall of 13.97%. 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