BCCI posts whopping net income of Rs 350 crore in 2012-13

hidden, Aug, 22 2013

The Board of Control for Cricket in India (BCCI) posted net income of Rs 350 crore, while its gross revenue stood at Rs 950 crore during the fiscal 2012-13.

The BCCI, considered the world's richest cricket body, has earned a surplus of Rs 382.36 crore in 2011-12. Informing this on Thursday after the BCCI's Finance Committee meeting in Delhi, Board Treasurer Ravi Savant told PTI that the net income figure has been arrived at "provided there is no tax (levied on the amount)."

Reuters

Savant said that the net income from the cash-rich Indian Premier League worked out to Rs 237 crore. Reuters

"The Finance Committee passed the accounts and they will be placed before the Board's Working Committee that should be meeting in the first week of September," he said. The Working Committee would also finalise the dates of the Board's AGM, also to be held next month.

Savant said that the net income from the cash-rich Indian Premier League worked out to Rs 237 crore.

"The coming year will see a dip in revenue (from broadcast rights) as we are not hosting many international games apart from the ODI and T20 matches against Australia (in October-November)," Savant said.

India are to host seven ODIs and one T20 game against Australia from October 10 to November 2. Later, they are scheduled to tour South Africa and New Zealand followed by Asia Cup and World T20 Bangladesh.

PTI

Published Date: Aug 22, 2013 | Updated Date: Aug 22, 2013



Rank Team Points Rating
1 India 4493 125
2 South Africa 3395 110
3 England 4097 105
4 Australia 3087 100
5 New Zealand 3114 97
Rank Team Points Rating
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2 Australia 5505 117
3 India 4579 114
4 England 5645 113
5 New Zealand 5123 111
Rank Team Points Rating
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3 Pakistan 2417 121
4 West Indies 2222 117
5 India 2183 115