BCCI Reports ₹14,627 Crore Revenue Over Five Years, ₹4,193 Crore Last Year

Rapid Summary:

• The BCCI has increased its cash and bank balance from ₹6,059 crore in 2019 to ₹20,686 crore in 2024, marking a growth of ₹14,627 crore over five years and ₹4,193 crore over the last financial year alone.
• Its general fund almost doubled during this period, rising from ₹3,906 crore to ₹7,988 crore.
• Despite contesting tax liabilities in courts and tribunals, BCCI provisioned a meaningful amount of ₹3,150 crore for FY 2023-24 to cover potential obligations.
• Gross media rights income decreased to ₹813.14 crore (due to fewer home internationals), but investment income rose significantly to ₹986.45 crore due to higher deposit returns.
• IPL earnings and ICC distributions contributed substantially to achieving a surplus of ₹1,623.08 crore for FY 2023-24 compared with the previous year’s surplus of ₹1,167.99 crore.
• Major allocations include:

– Infrastructure development: ₹1,200 crore
– Platinum Jubilee Benevolent Fund: ₹350 crore
– Cricket development: ₹500 crore
– State associations received allocations totaling nearly ₹2K+ crores annually since last year.

• Financial accounts will be formally presented at the Annual general Meeting scheduled for September 28.

Indian Opinion Analysis:

The consistent financial growth reported by the BCCI highlights its robust management strategies leveraging key revenue streams such as IPL earnings and ICC distributions despite challenges like reduced media rights income due to fewer international matches. The substantial increase in investment returns suggests efficient resource allocation within secure financial instruments.

Setting aside large sums for income tax liabilities demonstrates prudence while dealing with legal uncertainties-a responsible approach given its active court proceedings regarding tax disputes. Simultaneously occurring, infrastructure investments worth over a thousand crores signal long-term commitment toward cricket’s grassroots development across India.

However impactful these figures may be on Indian cricket’s future sustainability globally or domestically recognized reputation-as emphasized via audit-procedures/ *yet upcoming AGM officially
/Pending Announcement-AllCAPACITY)..).

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