Sportking India reports mixed financial results for Q2 & H1 FY26. Q2 revenue dipped 4% YoY to ₹627 Cr, with PAT down 5.5% to ₹28 Cr.

However, H1 revenue was ₹1,213 Cr (-6% YoY), but H1 PAT grew 5.1% to ₹62 Cr.

Exports showed strong momentum, up 11% in Q2 and 15% in H1, now accounting for over half of total revenue.

Margins saw good recovery, with H1 EBITDA margin rising 70 bps YoY to 11.1%. The company is driving growth with a greenfield expansion, adding 1.5 lakh spindles (40% capacity increase) in Odisha for ₹1000 Cr to tap eastern markets.

Strategic mergers with Marvel Dyers and Sobhagia Sales will enable forward integration into fabrics and garments, enhancing value.

A ₹14.10 Cr investment in a 40.3 MW solar plant aims to cut power costs by 10-12%. Management sees India's textile sector at an inflection point, poised for significant export growth fueled by global shifts.