Sportking India Ltd Q2FY23 net profit slumps to Rs. 0.76 crore

Sportking India Ltd has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 555.3556 crores during the period ended September 30, 2022 as compared to Rs. 607.2798 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.76 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 83.0819 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.01 for the period ended September 30, 2022 as compared to Rs. 62.53 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 555.3556 crs	₹607.2798 crs	-8.55%
Net Profit	₹0.76 crs	₹83.0819 crs	-99.09%
EPS	₹0.01	₹62.53	-99.98%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 555.3556 crores during the period ended September 30, 2022 as compared to Rs.533.7897 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.76 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.110.1654 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.01 for the period ended September 30, 2022 as compared to Rs.82.90 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 555.3556 crs	₹533.7897 crs	4.04%
Net Profit	₹0.76 crs	₹110.1654 crs	-99.31%
EPS	₹0.01	₹82.90	-99.99%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1162.6354 crores during the 6 Months period ended September 30, 2022 as compared to Rs.985.5983 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.83.0895 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.189.1599 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.62.53 for the 6 Months period ended September 30, 2022 as compared to Rs.142.36 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹1162.6354 crs	₹985.5983 crs	17.96%
Net Profit	₹83.0895 crs	₹189.1599 crs	-56.07%
EPS	₹62.53	₹142.36	-56.08%

Shares of Sportking India Ltd was last trading in BSE at Rs. 795.35 as compared to the previous close of Rs. 792.80. The total number of shares traded during the day was 3175 in over 504 trades.

The stock hit an intraday high of Rs. 798.95 and intraday low of 792.10. The net turnover during the day was Rs. 2524519.00.

Source : Equity Bulls

Keywords

SportKingIndia Q2FY23 H1FY23 ResultUpdate