SRK's IPL Team is Earning in Profitability

Indian Premier League (IPL) and its owner Bollywood star Shahrukh Khan's star power in recent years, thanks to its good performance on the field, the Kolkata Knight Riders (KKR) in profits ahead of the other teams. Most other teams in the IPL so far are far from profitable.

SRK's IPL Team is Earning in Profitability

KKR's revenue in 2014-15 was highest in the IPL teams. Half of the year due to the general elections in the UAE tournament team despite 30 per cent of the revenue and profit growth of 54 per cent was recorded. Any other Premier League team have not yet done so in terms of profit. More than once to win a tournament, Chennai Super Kings and Mumbai Indians have not done. A major reason is that most other teams yet new sources of revenue such as merchandising and digital activities has not reached.

KKR Private Limited that drives revenue of 168.71 crore in 2014-15. The team won the tournament for the second time this year. 128.81 crore in the previous year was the team's revenue. Its net profit stood at Rs 14.15 crore in 2014-15, 9.18 crore in the previous year was recorded.

Varun Gupta, managing director of advisory services firm American Appraisal "The sponsors of the Shah Rukh Khan is quite like dress shirts with their logo. If the team is playing well, so he could better bargain. " Earn profit in 2014-15 was the second team Kings XI Punjab. Its net profit stood at Rs 12.76 crore. However, in previous years, the team had a net loss of Rs 4.35 crore. Kings XI Punjab 26 per cent in 2014-15 to Rs 130.05 crore in revenues in the previous year was Rs 103.21 crore.

In recent years, the Indian Premier League spot-fixing and betting allegations have suffered greatly because of the shock. These disturbances were some arrests and Chennai Super Kings and Rajasthan Royals, has been suspended for two years. This has had a major impact on the image of the tournament. Most teams in the initial years of the IPL in three to four years, was expected to reach break-even. But the data shows that in the ninth year of the tournament, most teams have not been able to achieve this goal. Some popular teams have managed to increase revenue received from sponsorship, but most of these are still far from making a profit. For example, such as Mumbai Indians from 2011 revenues increased on the strength of good performance, but so far it is still to regain profitability.