Press Release

SIL/2026-27/SE Date: 30.10.2026 To To BSE Limited National Stock Exchange of India Ltd, Phiroze Jeeheebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai-400001 Bandra (East), Mumbai– 400051 Script Code: 539221 Symbol: SPORTKING SUB: PRESS RELEASE REGARDING UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30th SEPTEMBER 2026. Dear Sir, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, please find attached herewith Press Release with respect to Unaudited Financial Results for the quarter and half year ended 30th September 2026, as approved by the Board of Directors of the Company in its meeting held on Friday, 30th October 2026. You are requested to take the above mentioned information on your records. Yours truly, For SPORTKING INDIA LIMITED LOVLESH VERMA COMPANY SECRETARY (ACS: 34171) Investor Release Sportking India Limited reports strong Q2 FY27 results driven by improved realizations and operational efficiency EBITDA grows 136.8% YoY to ₹154.9 crore while PAT surges 240.9% YoY to ₹96.4 crore Punjab, 30th October 2026: Sportking India Limited, one of India’s leading textile conglomerate, announceditsfinancialresultsforthequarterandhalf-yearended30thSeptember2026. KeyOperationalHighlights – Q2 FY27:  Total Production Volume stood at 21,296 MT for the quarter compared to 21,294 MT in Q2 FY26.  Yarn Sales Volume for Q2 FY27 stood at 21,172 MT v/s 20,949 MT in Q2 FY26. KeyFinancialHighlights – Q2 FY27:  RevenuefromoperationsstoodatRs.781.1CrsforQ2FY27,arobustincreaseof24.5%YoY.  Gross Profit increased 64.7% YoY to Rs. 249.2 Crs in Q2 FY27, supported by improved realizations andenhancedspreads.  EBITDA for Q2 FY27 was Rs. 154.9 Crs, an increase of 136.8% YoY. EBITDA Margin for the quarter improvedby940bpsonayearlybasistoreach19.8%.  ProfitBeforeTax(PBT)stoodatRs.129.7CrsinQ2FY27,registeringagrowthof244.6%YoY.  Profit After Tax for Q2 FY27 was Rs. 96.4 Crs, registering a growth of 240.9% YoY. PAT margin was 12.3% and expanded by 783bps on a yearly basis KeyFinancialHighlights – H1 FY27:  Revenue from operations stood at Rs. 1,484.7 Crs for H1 FY27. Exports contributed ~52.2% to overallrevenueinH1FY27registeringagrowthof10.97%onayearlybasis  Gross Profit increased by 55.2% YoY to Rs. 477.2 Crs. Gross Profit Margin expanded by 680 bps to 32.1%  EBITDA for H1 FY27 was Rs.287.1 Crs– an increase of 112.8% YoY.EBITDA Marginforthehalfyear improvedby822bpsonayearlybasistoreach19.3%  Profit After Tax stood at Rs. 172.3 Crs – registering a growth of 176.3% YoY. PAT Margin was 11.6% andexpandedby647bpsonayearlybasis. Financial Performance (Rs. Crs) Particulars Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Operational Revenue 781.1 627.4 24.5% 1,484.7 1,213.2 22.4% Gross Profit 249.2 151.3 64.7% 477.2 307.4 55.2% Gross Margin 31.9% 24.1% +779bps 32.1% 25.3% +680bps EBITDA 154.9 65.4 136.8% 287.1 134.9 112.8% EBITDA Margin 19.8% 10.4% +940bps 19.3% 11.1% +822bps Profit After Tax 96.4 28.3 240.9% 172.3 62.4 176.3% PAT Margin 12.3% 4.5% +783bps 11.6% 5.1% +647bps EPS 7.6 2.2 13.6 4.9 Commenting on the results, Mr. Munish Avasthi, Chairman & Managing Director said, “We are pleased to report another strong quarter, resulting in a robust performance for H1 FY27. During Q2 FY27, revenue grew by 24.5% year-on-year to ₹781.1 crore, while EBITDA and PAT increased by 136.8% and 240.9% to ₹154.9 crore and ₹96.4 crore, respectively. For H1 FY27, revenue stood at ₹1,484.7 crore, with EBITDA and PAT growing by 112.8% and 176.3%, respectively. Healthy realisations, favourable spreads and disciplined execution supported the improvement in profitability, strengthening the Company’s foundation for itsnextphaseofgrowth. Demand remained encouraging across domestic and international markets, with sustained traction across key export geographies around the world. India’s growing position as a preferred sourcing destination, together with the India-UK Free Trade Agreement and progress on the India-EU Free Trade Agreement, is expected to improvemarketaccessandcreatemeaningfulopportunitiesforthetextileindustry. Looking ahead, we remain positive about demand prospects, supported by healthy domestic consumption, festive and wedding-season demand, improving export enquiries and the continued diversification of global supply chains. Sportking’s diversified portfolio and established customer relationships position us well to capitaliseontheseopportunities. Our Odisha greenfield project, involving an investment of approximately ₹1,000 crore and the addition of 1,50,000 spindles, is progressing as planned, with the first phase of production expected to commence during Q3FY27.ItslocationwithinOdisha’scotton-producingregionprovidesproximitytorawmaterialsandsupports operational efficiency. The solar power project commissioned during Q1 FY27 is also contributing to improved costefficiencyandgreaterrenewable-energyintegration. We enter the second half of FY27 with strong momentum. Supported by a favourable demand environment, improving access to global markets and timely execution of our expansion plans, we remain confident in Sportking’slong-termgrowthprospectsandourabilitytocreatesustainablevalueforallstakeholders.” About SportkingIndiaLtd: Establishedin1989,SportkingIndiaLtdemergedasoneofIndia’sleadingtextileincompany&owns3 state-of-the-art manufacturing facilities in India equipped with latest machinery, produces yarns that are a benchmark in quality. The company produces well diversified range of grey and dyed textile yarns to cater to the demands of weaving and knitting industry in domestic as well as international markets. With presence in more than 30 countries, Sportking India Ltd. is representing India on a world stage with a commitment to deliver superior quality products among evolving trends in customerpreferences. Sportking India Ltd Investor Relations: MUFG Intime India Private Ltd CIN: L17122PB1989PLC053162 Mr. Prathmesh Parab +91 93261 94436 Name: Mr. Lovlesh Verma prathmesh.parab@in.mpms.mufg.com Email: cs@sportking.co.in Mr. Nikunj Jain +91 97690 60608 Contact: 016 12845456 nikunj.jain@in.mpms.mufg.com SafeHarborStatement Anyforward-lookingstatementsaboutexpectedfutureevents,financialandoperatingresultsoftheCompany are basedoncertainassumptionswhichthe Company does notguaranteethefulfilmentof.These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations,technologicalchanges,investmentandbusinessincome,cashflowprojections,interest,andother costs.TheCompanydoesnotundertakeanyobligationtoupdateforward-lookingstatementstoreflectevents orcircumstancesafterthedatethereof.