Adidas India emerges largest player in branded sportswear market

German sports apparels and accessories major Adidas, has posted revenues worth Rs 854 crores in 2015-16, up 11.6 per cent from Rs 765 crores in 2014-2015. The company’s total revenue (including operating revenue and other income) was Rs 898 crore,s up 11.5 percent from the previous year’s Rs 805 crores. Its profit before tax was Rs 61 crores in FY16 compared with Rs 56 crores in the previous year, a 9 percent rise. Aanalysts say, Adidas’ revenue could touch Rs 1,000-crores mark in the forthcoming fiscal.


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