Textiles company Sportking India announced Q1FY26 results Revenue from operations stood at Rs 585.8 crore for Q1FY26, down 7.6% YoY. Exports contributed ~ 58% to overall revenue in Q1FY26 and increasing by ~18% YoY. EBITDA for Q1FY26 was Rs 70.5 crore, a decrease of 4.5% YoY. EBITDA Margin for the quarter improved by 40 bps on a yearly basis to reach 12.0%. Profit After Tax for the quarter was Rs 35.2 crore, registering a growth of 10.4% YoY. PAT Margin was 6.0% and expanded by 98 bps on a yearly basis. Munish Avasthi, Chairman & Managing Director said: “We are proud to deliver strong export growth and a 10% growth in profitability, demonstrating resilience amid cautious consumer sentiment and uncertainty over the horizon. All key margins expanded on a YoY and sequential basis as we benefitted from stable input cost given largely rangebound cotton prices over majority of the foregone quarter. The quarter was filled with geopolitical turmoil the latest being the tariff announcement. While this may in the short-term impact order volumes and margins given, it also is an opportunity to diversify and strengthen the sector’s standing in new end user markets. We remain hopeful of an amicable agreement being reached soon. On the contrary, the India–UK Free Trade Agreement (FTA) marks a breakthrough, securing duty-free access to the UK market and enhancing India’s global competitiveness compared to other Asian peers. Despite the global frictions, we remain confident in our ability to navigate these shifts with agility. Both domestic and export markets have historically been par contributors to revenue – thus, we are uniquely placed in terms of having an intrinsic stabilizer given uncertain demand scenario both at national and international markets. We have very limited direct exposure to the US markets but have a relatively larger indirect exposure to the US market through international customers who are currently better placed than the local players under the proposed tariff structure. Amid everchanging market conditions; our focus continues to be on producing quality products and building operational excellence. It thus pleases me to announce a greenfield capacity addition programme to increase our spindle count by ~40% and enable us to better serve the growing demand for our product. The proposed greenfield will be set up in the state of Odisha and given its location – it will further improve our pan India presence while as well as better serve international market given proximity to ports. The commitment to undertake a significant greenfield underscores our confidence in our business fundamentals as well as potential of the overall Indian textile sector.” Result PDF