Kings XI Punjab continues to be a loss making venture with the accumulated losses of the company nearing Rs 50-60 crore so far, but the franchisee is hopeful of breaking even this fiscal.

"We've made losses of approximately Rs 50-60 crore in the last four years. This year, hopefully, we will be able to break even. We are working with the IPL and the BCCI," Ness Wadia, co-owner of KXIP, said.