Decathlon: Decathlon revenue crosses 4,000-cr mark in FY24, posts profit of 197 cr

Leading sporting goods retailer Decathlon generated over Rs 4,000 crore revenue in India and became profitable in FY24 posting gains of Rs 197.19 crore, according to an RoC filing by the company. Decathlon Sports India Pvt Ltd has reported its revenue from operations at Rs 4,008.26 crore, up 2.24 per cent for the financial year that ended on March 31, 2024. It had reported a loss of Rs 18.61 crore in FY23 and its revenue from operations was at Rs 3,920.31 crore on a standalone basis, according to financial data accessed through the business intelligence platform Tofler. The company's total income was at Rs 4,066.40 crore in FY24 -- the highest for Decathlon Sports in India in the last five years -- reaching nearly half a billion USD from sales. Its operating revenue in FY22 was at Rs 2,897.77 crore, Rs 2,049.28 crore in FY21, and Rs 2,208.39 crore in FY20. Decathlon Sports India is a subsidiary of leading French sporting goods retailer Decathlon SE. It mainly engaged in the tradin