Sportking India Limited Announces Q1 FY27 Results and Director Designation Change
Sportking India Limited has announced its unaudited financial results for the quarter ended June 30, 2026, alongside key updates regarding the company's management structure and upcoming Annual General Meeting (AGM). The Board of Directors approved these outcomes during a meeting held on August 1, 2026.The company reported its Q1 FY27 results, which included various performance metrics across revenue generation and expense categories. The unaudited figures are presented in Lakhs, except Earnings Per Share (EPS).
Financial Performance Highlights
Key financial aspects for the quarter ended June 30, 2026 include:| Particulars | Quarter Ended 30.06.2026 | Quarter Ended 30.06.2025 | Year Ended 31.03.2025 |
|---|---|---|---|
| Revenue from Operations | 7,6367.64 | 58,580.08 | 243,919.05 |
| Total Income | 7,96.23 | 9,505 | 14,601.1 |
| Profit Before Tax | 4,398.22 | 0.00 | 16,094.90 |
| Tax Expense | 2,738.00 | 1,516.00 | 13,51.62 |
| Total Comprehensive Income | 7,597.40 | 3,508.11 | 12,204.27 |
| Earnings Per Share (EPS) | 1286.80 | 2.00 | 9.39 |
The company also disclosed that the financial results include a significant change in accounting policy regarding raw material valuation. The Board noted that figures for the quarter ended June 30, 2025, have been restated to reflect this change in accounting policy.
Management and Governance Updates
The Board of Directors also approved a change in designation for Mrs. Anjali Avasthi (DIN: 06911970). Based on the recommendation of the Nomination and Remuneration Committee, she has been designated as a Whole-time Director, or Executive Director, effective August 1, 2026. This appointment is set for a term of three years and is subject to approval by the Members at the upcoming Annual General Meeting (AGM).Further details show that Mrs. Anjali Avasthi does not hold any debarment status from holding directorship under SEBI or other authorities, and her role has been identified as being related to Mr. Munish Avasthi, who serves as the Chairman and Managing Director of Sportking India Limited.
Annual General Meeting Scheduled
The Board of Directors confirmed that the 37th Annual General Meeting (AGM) of Sportking India Limited is scheduled to be held on September 12, 2026, at 10:30 A.M. (IST) at the Registered Office of the Company. The meeting is intended to address matters including the company's Annual Report for the financial year ended March 31, 2026.The results were subject to an Independent Auditor's Review Report, which confirmed that nothing came to the auditor's attention that suggested the accompanying statement was prepared in accordance with Indian Accounting Standards (Ind AS) and did not contain any material misstatement.
SPORTKING Stock Price Movement
On Friday, Sportking India Limited shares edged higher to close at ₹201.26, registering a 1.96% gain. The stock traded within the day's range of ₹196.2 to ₹209.9 and saw 898,149 shares exchanged during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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