Key Quantitative Figures (Quarter ended June 30, 2026)

The Board approved the unaudited financial results for Q1 FY27:

  • Total Revenue from Operations: ₹50,349.07 lakh
  • Total Expenses: ₹43,396.35 lakh
  • Profit Before Exceptional Items & Tax: ₹6,952.72 lakh
  • Profit Before Tax: ₹6,952.72 lakh
  • Tax Expense: ₹2,738.00 lakh (Current Tax: ₹2,738.00 lakh, Deferred Tax: ₹-115.00 lakh)
  • Net Profit for the Period: ₹4,214.72 lakh (₹42.15 crore)
  • Other Comprehensive Income/(Loss): ₹0.00 lakh
  • Total Comprehensive Income for the Period: ₹4,214.72 lakh
  • Paid-up Equity Share Capital: ₹1,103.03 lakh (Face Value: ₹2 per share)
  • Basic & Diluted EPS (Not Annualized): ₹7.64

Comparative Figures (Quarter ended June 30, 2025 - Restated)

  • Total Revenue from Operations: ₹46,448.75 lakh
  • Net Profit for the Period: ₹1,702.11 lakh (₹17.02 crore)
  • Basic & Diluted EPS: ₹3.09

Dates of Action

  • Board Meeting Date: Saturday, 01st August, 2026
  • Meeting Timing: Commenced at 02:30 PM and concluded at 04:30 PM IST
  • Effective Date for Designation Change: 01st August, 2026
  • AGM Date: Scheduled for Saturday, 12th September, 2026, at 10:30 AM IST

Parties Involved

  • Regulators: BSE Limited, National Stock Exchange of India Ltd, SEBI
  • Auditors: SCV & Co. LLP, Chartered Accountants (Firm Registration No.: 000235N/N500089)
  • Individuals:
  • Mrs. Anjali Avasthi (DIN: 06911970) - Director whose designation was changed
  • Mr. Munish Avasthi (DIN: 00442425) - Chairman cum Managing Director
  • Lovlesh Verma (ACS: 34171) - Company Secretary

Management Change Details

  • Change in Designation: Mrs. Anjali Avasthi from Non-Executive Director to Whole-time Director, designated as Executive Director
  • Term: For a period of three (3) years with effect from August 1, 2026
  • Approval Requirement: Subject to approval of members at the ensuing 37th Annual General Meeting
  • Relationship Disclosure: Related to Mr. Munish Avasthi (Chairman and Managing Director of the Company)
  • Compliance Confirmation: Mrs. Anjali Avasthi is not debarred from holding the office of director by virtue of any SEBI order or any other authority, as per BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/2018/24 dated June 20, 2018

Annual General Meeting

  • Meeting: 37th Annual General Meeting of the Members of Sportking India Limited
  • Date: Saturday, September 12, 2026
  • Time: 10:30 A.M. (IST)
  • Venue: Registered Office of the Company (Village Kanech, Near Sahnewal, G.T Road, Ludhiana-141 120)
  • Documents: The Notice convening the 37th AGM and the Annual Report for FY26 will be sent separately to the Stock Exchange(s) and members in due course

Financial Review Process

  • The unaudited financial results were reviewed by the Audit Committee
  • Approved by the Board of Directors at their meeting held on 01st August 2026
  • Reviewed by statutory auditors SCV & Co. LLP who issued a limited review report confirming nothing has come to their attention that causes them to believe the statement contains any material misstatement

Company Specific Information

  • Business: Single segment company engaged in textile business
  • Group Structure: Does not have Subsidiary/associate/Joint Venture Company
  • Accounting Policy Change: The company changed the method of valuation of raw material to weighted average basis during Q2 FY26 (quarter ended 30th September 2025) with retrospective effect in accordance with Ind AS 8. The comparative figures for Q1 FY25 have been restated accordingly.