Sportking India Ltd Q3 FY2023-24 net profit drops to Rs. 13.79 crores

Sportking India Ltd has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 606.3884 crores during the period ended December 31, 2023 as compared to Rs. 648.1883 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 13.7973 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 15.5059 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 10.86 for the period ended December 31, 2023 as compared to Rs. 12.20 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 606.3884 crs	₹648.1883 crs	-6.45%
Net Profit	₹13.7973 crs	₹15.5059 crs	-11.02%
EPS	₹10.86	₹12.20	-10.98%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 606.3884 crores during the period ended December 31, 2023 as compared to Rs.517.9611 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.13.7973 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.18.0370 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.10.86 for the period ended December 31, 2023 as compared to Rs.13.57 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 606.3884 crs	₹517.9611 crs	17.07%
Net Profit	₹13.7973 crs	₹18.0370 crs	-23.51%
EPS	₹10.86	₹13.57	-19.97%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1798.7609 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1680.5965 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.47.4820 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.101.1265 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.37.26 for the 9 Months period ended December 31, 2023 as compared to Rs.76.11 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹1798.7609 crs	₹1680.5965 crs	7.03%
Net Profit	₹47.4820 crs	₹101.1265 crs	-53.05%
EPS	₹37.26	₹76.11	-51.04%

Shares of Sportking India Ltd was last trading in BSE at Rs. 823.65 as compared to the previous close of Rs. 805.05. The total number of shares traded during the day was 1219 in over 195 trades.

The stock hit an intraday high of Rs. 825.15 and intraday low of 800.10. The net turnover during the day was Rs. 997475.00.

Source : Equity Bulls

Keywords

SportkingIndia Q3FY24 9MFY24 ResultUpdate