Sports goods manufacturer and retailer Decathlon Sports India reported a net loss of Rs. 65.03 crore (US $ 7.25 million) in FY ’25, even as revenue posted marginal growth during the year ended March 2025, according to financial disclosures.
Revenue from operations rose 3.11% year-on-year to Rs. 4,133.10 crore (US $ 461 million) in FY ’25, compared with Rs. 4,008.26 crore (US $ 447 million) in the previous financial year. In FY ’24, the company had reported a net profit of Rs. 197.19 crore (US $ 22.01 million).
Total income, which includes other income, increased 2.84% to Rs. 4,182.05 crore (US $ 466 million) in FY ’25. Decathlon Sports India is an unlisted entity and a subsidiary of French sporting goods retailer Decathlon SE, which holds a 99.99% stake in the Indian arm. The company is primarily engaged in the trading of sports goods, including apparel, equipment and accessories.
In July, Decathlon said it plans to significantly scale up sourcing from India for its global operations, targeting US $ 3 billion by 2030. The company indicated that the expansion would focus on high-potential categories such as footwear, fitness equipment and technical textiles.
India currently accounts for around 8% of Decathlon’s global sourcing volumes, a share the retailer plans to increase to 15% by the end of the decade. The company also expects to approach the US $ 1 billion sales mark in India over the next five years, supported by the expansion of its retail network, a broader product portfolio and a growing sports culture in the country.
Decathlon has identified India as a priority market and expects it to rank among its top five global markets in the near term. The company began manufacturing in India in 1999 and entered the retail segment in 2009.
