Mahendra Singh Dhoni's team Chennai Super Kings might not win the trophy in IPL 2024, but CSK has left everyone behind in terms of earnings. Chennai Super Kings have broken all the records and earned many times more than Dhoni's fours and sixes.
The team's performance in FY-24 was tremendous. In fact, Chennai Super Kings Cricket Limited's profit from the Indian Premier League has reached a record high. CSKCL reported a whopping 340% growth in net profit for the financial year ending March 2024. Also, last financial year Rs. 52 crore profit this financial year increased to Rs. 229.20 crores.
CSKCL's revenue in FY 2023-24 is Rs. 676 crore, which in FY 2022-23 will be Rs. 292 crores. While profit after tax respectively Rs. 229 and was 52 crores. Apart from this, the company's EPS increased from 6.14 to 6.98, which was the main source of growth in earnings and profit of Chennai Super Kings, which came from BCCI central rights and increase in ticket sales. CSKCL's total revenue in FY23 was Rs. 292.34 crore up 131% to Rs. 676.40 crores.
After this success, K.S. Viswanathan, who will continue as managing director of CSKCL after the board's resolution. He will preside over the company's 10th Annual General Meeting to be held on September 27, 2024. Under his leadership, CSK has become the most successful franchise in IPL history.
According to a company statement, Chennai Super Kings have won five IPL titles, reached 10 finals and qualified for the playoff stage 12 times. CSK has won the IPL final in 2010, 2011, 2018, 2021 and 2023. The special thing is that Mahendra Singh Dhoni has led the team in this tournament.
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