Indian board clocks Rs 350 crore net income in 2012-13
The Board of Control for Cricket in India (BCCI) recorded a net income of Rs 350 crore, while its gross revenue stood at Rs 950 crore during finincial year 2012-13.
The BCCI, considered the world’s richest cricket body, earned a surplus of Rs 382.36 crore in 2011-12.
Disclosing the figures after the Board’s Finance Committee meeting in Delhi, Treasurer Ravi Savant said that the net income figure has been arrived at “provided there is no tax (levied on the amount).”
“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,” Savant was quoted as saying by PTI. The Working Committee would also finalise the dates of the Board’s AGM, to be held next month.