Decathlon India reports loss of ₹65 crore in FY25, revenue rises 3% to ₹4,133 crore

Sports goods manufacturer and retailer Decathlon Sports India has registered a net loss of ₹65.03 crore and a marginal increase in revenue during FY25.

Revenue from operations was up 3.11% to ₹4,133.10 crore in the financial year ended March 2025, according to financial data accessed through business intelligence platform Tofler.

A year earlier, Decathlon Sports India reported a net profit of ₹

197.19 crore, while the company’s revenue from operations stood at ₹4,008.26 crore.

Total income, including other income of the company, a subsidiary of French sporting goods retailer Decathlon, was up 2.84% to ₹4,182.05 crore in FY25.

Decathlon Sports India is an unlisted entity, in which the parent firm Decathlon SE holds a 99.99% share. It mainly engages in the trading of sports goods, including apparel, equipment, and accessories.

In FY25, the company’s advertising and promotional expenses rose 1.78% to ₹89.05 crore as against ₹87.49 crore in FY24.

In July, the French sporting goods retailer had said that it would increase sourcing from India for its global operations to $3 billion by 2030, with a focused push in high-potential categories such as footwear, fitness equipment, and technical textiles.

India accounted for 8 per cent of Decathlon’s global sourcing quantities, and by 2030, Decathlon plans to scale this to 15%.

It expects to touch the near billion-dollar sales mark in the growing Indian sports market in the next five years, helped by the expansion of its retail channels and product portfolio and growing sports culture in the country.

Decthalon sees India as a "big priority" market and expects it to become among the top five global markets in the coming year.

The company entered India by starting production in 1999 and began retail operations in 2009.