Industry Updates

For the quarter ending in March 2024, Sportking India’s standalone net profit decreased

Published: April 29, 2024
Author: Fashion Value Chain
Sales reach Rs 611.18 crore, up 14.52%.

Sportking India’s net profit decreased by 25.92% to Rs 22.86 crore in the quarter that ended in March 2024 from Rs 30.86 crore in the quarter that ended in March 2023. In the quarter that ended in March 2024, sales increased 14.52% to Rs 611.18 crore from Rs 533.67 crore in the quarter that ended in March 2023.

Net profit for the entire year decreased by 46.70% to Rs 70.35 crore in the fiscal year that ended in March 2024 from Rs 131.98 crore in the fiscal year that ended in March 2023. Compared to the previous year ended March 2023, when sales were Rs 2205.02 crore, they increased 7.81% to Rs 2377.14 crore in the year ended March 2024.

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