Sportking India reported FY26 net profit after tax of Rs. 11,972.38 Lakhs, up 5.8% YoY, with Q4 EBITDA rising 16.1% to Rs. 85.4 Crs and EBITDA margin expanding 172 bps to 13.4%. The Board approved acquisition of majority stake in Marvel Dyers and slump sale acquisition of SSPL's manufacturing undertaking, both related party transactions at arm's length, while confirming financial closure of the ~1,000 crore Greenfield Expansion Project in Odisha. A final dividend of Rs. 1 per equity share and 5% on preference shares was recommended, and a fire at the Bathinda plant resulted in a recorded loss of Rs. 3,171.29 Lakhs, netted off against insurance recoveries.
Sportking India FY26 Net Profit Rises 5.8%; Acquisitions and Greenfield Expansion Approved
