Sportking India posted a robust 240.8% rise in net profit to Rs 96.36 crore for Q2 FY2027. While revenue grew 24.5% to Rs 781.05 crore, investors should note that an accounting change extending the useful life of machinery boosted profits by Rs 8.02 crore.
Sportking India Q2 FY2027 Profit Surges
Revenue grew to Rs 781.05 crore, while net profit rose to Rs 96.36 crore.
Reader Takeaway: Strong revenue growth drives performance, but consider the Rs 8.02 crore bottom-line boost from changed accounting estimates.
What just happened
Sportking India Ltd reported its standalone financial results for the quarter ending September 30, 2026. The company recorded a significant profit increase, with net profit reaching Rs 96.36 crore compared to Rs 28.27 crore in the same period last year. Revenue from operations climbed 24.5% year-over-year to Rs 781.05 crore.
Why this matters
The triple-digit percentage growth in profit is partially driven by an accounting adjustment. Effective July 1, 2026, the company extended the estimated useful life of its plant and machinery from 7.5 years to 10 years. This change lowered the depreciation charge for the quarter by Rs 8.02 crore, providing a one-time uplift to the reported net profit figures.
Financial Snapshot
- Revenue from operations: Rs 781.05 crore (vs Rs 627.39 crore in Q2 FY2026)
- Net Profit: Rs 96.36 crore (vs Rs 28.27 crore in Q2 FY2026)
- Basic EPS: Rs 7.58 (vs Rs 2.22 in Q2 FY2026)
What to track next
Investors should monitor whether the operational momentum continues in the coming quarters without the support of accounting-based cost reductions. The company's ability to maintain these margins amidst raw material price fluctuations in the textile sector will be a critical metric for long-term valuation assessment.