{
  "id": 17216671,
  "title": "Sportking India Reports 54.91% Surge In Q2 Net Profit, Revenue Up 24.38% Year-On-Year",
  "url": "https://urgent.news/2026/10/30/sportking-india-reports-54-91-surge-in-q2-net-profit-revenue-up-24-38",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T10:21:15.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/sportking-india-reports-5491-surge-in-q2-net-profit-revenue-up-2438-year-on-year"
  },
  "original_language": "en",
  "account": "Mumbai-based Sportking India Limited announced a substantial 54.91% rise in its net profit for the quarter ending September 30, 2026, compared to the same period last year. The company's standalone net profit reached ₹96.36 crore, up from ₹62.36 crore in the previous fiscal year's corresponding quarter. Revenue from operations also saw a 24.38% increase, reaching ₹781.05 crore, up from ₹627.39 crore. Total income for the quarter increased to ₹781.88 crore, up from ₹635.43 crore, while expenses rose to ₹652.22 crore, compared to ₹597.81 crore. Earnings per share (EPS) jumped to ₹7.58 for the quarter, up from ₹4.91 in the same period last year. In the half-year period ending September 30, 2026, standalone net profit grew to ₹172.34 crore, up from ₹62.36 crore in the previous year's half-year. Standalone revenue from operations for the six months reached ₹1484.73 crore, compared to ₹1213.19 crore in the first half of the previous fiscal. A change in depreciation adjustments due to reassessing the useful life of certain plant and machinery categories lowered the depreciation charge by ₹8.02 crore for the quarter and half year ended September 30, 2026.",
  "summary": "Mumbai: Sportking India Limited on Friday reported a standalone net profit of ₹96.36 crore for the quarter ended 30 September 2026, marking a 54.91 per cent increase from ₹62.36 crore in the corresponding quarter of the previous fiscal year. Revenue from Operations Standalone revenue from operations for the quarter stood at ₹781.05 crore. This is a 24.38 per cent increase compared to ₹627.39…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}