The Board of Control for Cricket in India (BCCI) reported record revenues of ₹9,741.7 crore ($1.137 billion) for the fiscal year 2023–24, underlining the scale, depth, and growing diversification of its business operations, according to a report published by ICYMI, Rediffusion’s aggregated news platform
The report offers a detailed breakdown of the sources of BCCI’s income and reveals how cricket in India continues to evolve into one of the country’s most lucrative entertainment businesses.
The Indian Premier League (IPL) continues to be the BCCI’s biggest money-spinner, contributing ₹5,761 crore, which accounts for 59.1% of the annual revenues of the world’s richest cricket body.  This figure reaffirms the IPL’s role as the cornerstone of Indian cricket economics, not only driving broadcasting and sponsorship income but also spurring digital rights, merchandising, and licensing deals.
With over 500 million viewers, a massive international broadcast footprint, and immersive digital experiences on platforms like JioCinema and Star Sports, the IPL is now prime-time gold for marketers.
Backed by a Rs 48,390 crore media rights deal spread over five years, the IPL stands as one of the most expensive and profitable sporting properties globally, rivalled only by the NFL and the English Premier League on a per-match basis.
ICC and rise Of WPL
The BCCI also received ₹1,042 crore from the International Cricket Council (ICC), accounting for 10.70% of total revenue, underscoring India’s outsized role in global cricket economics.
Interest income from fixed deposits totalled ₹987 crore (10.1%), underscoring robust financial planning.
The Women’s Premier League (WPL) debuted with ₹378 crore (3.9%), marking a commercially promising start for women’s cricket.
Non-IPL media rights (India’s home internationals) earned ₹361 crore (3.9%), while matchday revenues from tickets and hospitality added another ₹361 crore (3.7%).
A further ₹400 crore (4.1%) came from miscellaneous sources like merchandising, licensing and digital initiatives.
Together, these streams reflect a robust, diversified revenue model beyond the IPL — making cricket India’s most valuable entertainment economy.
