Sportking India FY26 PAT Rises 6% to ₹120 Crore

Sportking India reported FY26 revenue of ₹2,496 crore and PAT of ₹120 crore, with margins improving to 11% EBITDA and 5% PAT.
Announced a ₹1,000 crore greenfield expansion in Odisha to add 1.5 lakh spindles, increasing capacity by 40% by Q3 FY27.
Disclosed strategic initiatives including majority stake acquisition in Marvel Dyers and slump sale of Sobhagia Sales assets for forward integration.
Committed to sustainability with a 26% equity investment in a 40.3 MW solar power SPV, expected to save 12-15% on power costs.