Textiles company Sportking India announced Q2FY26 results Revenue from operations stood at Rs 627.4 crore for Q2FY26. Exports contributed ~ 53% to overall revenue in Q2FY26 and increasing by 11% YoY. In Q2FY26, Gross Profit increased by 4.8% YoY to Rs 151.3 crore. Gross Profit Margin expanded by 197 bps to 24.1%. EBITDA for Q2FY26 was Rs 65.4 crore – an increase of 4.5% YoY. EBITDA Margin for the quarter improved by 82 bps on a yearly basis to reach 10.4%. Profit After Tax for the quarter was Rs 28.3 crore – a decrease of 5.5% YoY. PAT Margin was 4.5% stable on a yearly basis. Munish Avasthi, Chairman & Managing Director said: “We are pleased to deliver a stable quarter, underscored by a consistent upward trajectory in gross profit and EBITDA margins driven by softer input costs on a yearly basis. Modest rise in operating expenses YoY further supported gross margin flowthrough to EBITDA. This performance reflects our disciplined execution, operational efficiency, and resilience in navigating market dynamics. The Indian spinning industry is navigating elevated domestic cotton prices sequentially driven by an increase in the Minimum Support Price, with the Cotton Corporation of India expected to play a larger role in stabilizing procurement. Government measures, including temporary relaxation of import duties, have narrowed the cost gap with global peers and improved competitiveness. Despite these headwinds, export volumes have stayed resilient, supported by strong global demand and improving competitiveness of Indian mills. The same was reflected in the exports share of our revenues which increased from 46% in Q2FY25 to 53% in Q2FY26 delivering a solid 11% growth YoY The GST cut on everyday garments is expected to make clothing more affordable and encourage customers to buy more or choose better-quality apparel. During the upcoming festive season, this move should boost demand and create a positive ripple effect across the textile value chain, benefiting manufacturers like us. In the previous quarter we had announced a greenfield capacity addition program with a planned investment of around Rs 1,000 crore to significantly expand spindle capacity. We have commenced some initial procedural work towards the same. As we move ahead, we remain confident that supportive policy changes and a positive demand outlook in H2FY26 will create fresh avenues for growth. Grounded in strong fundamentals, a resilient export base, and a commitment to innovation, Sportking India Ltd is well-positioned to capitalize on emerging trends and deliver sustained value to all stakeholders." Result PDF