Chennai Super Kings Cricket Ltd records 340% jump in net profit at Rs 229 cr

The Chennai Super Kings Cricket Ltd (CSKCL) has reported a stupendous 340 per cent surge in net profit to Rs 229 crore in FY 24 from Rs 52 crore in the previous year, thanks to the increase in revenues on account of the BCCI central rights and ticketing income.

The 10th Annual General Meeting of CSKCL will be held on Friday, 27th September, 2024. KS Viswanathan, aged 71 years, will continue to lead Chennai Super Kings Ltd as the resolution to approve his appointment as the MD for a three-year period has been passed by the Board.

As per the annual report of the cricket entity, the Season XVII of the Indian Premier League (IPL) commenced on March 22, 2024 and the matches were played till May 2024, where the IPL Franchise Chennai Super Kings finished in the fifth place and missed qualifying for the knockouts. "Your team has been the most consistent IPL team and has won five IPL titles, appeared in 10 IPL finals and have qualified for the playoff stages 12 times," it said.