Sportking India Ltd Q1 FY24 net profit slides to Rs. 18.17 crores

Sportking India Ltd has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 544.1842 crores during the period ended June 30, 2023 as compared to Rs. 535.9507 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 18.1788 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 30.8555 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 14.18 for the period ended June 30, 2023 as compared to Rs. 23.22 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 544.1842 crs	₹535.9507 crs	1.54%
Net Profit	₹18.1788 crs	₹30.8555 crs	-41.08%
EPS	₹14.18	₹23.22	-38.93%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 544.1842 crores during the period ended June 30, 2023 as compared to Rs.607.2798 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.18.1788 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.83.0819 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.14.18 for the period ended June 30, 2023 as compared to Rs.62.53 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 544.1842 crs	₹607.2798 crs	-10.39%
Net Profit	₹18.1788 crs	₹83.0819 crs	-78.12%
EPS	₹14.18	₹62.53	-77.32%

Shares of Sportking India Ltd was last trading in BSE at Rs. 901.65 as compared to the previous close of Rs. 932.30. The total number of shares traded during the day was 4283 in over 507 trades.

The stock hit an intraday high of Rs. 950.00 and intraday low of 896.65. The net turnover during the day was Rs. 3923070.00.

Source : Equity Bulls

Keywords

SportkingIndia Q1FY24 ResultUpdate