IPL 2022 Dream11 – Dream11 Revenues & Profits: The Official Fantasy Partner of IPL 2022 – Dream11 is raking in big moolah. Dream11 has reported 216% growth in company’s net profit this financial year. The company’s revenues also saw 56.39% growth: Follow IPL 2022 LIVE Updates with InsideSport.IN
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IPL 2022: DREAM11 Revenues ZOOMS, IPL 2022’s Official Fantasy partner reports 216% growth in NET-PROFIT: Check DETAILS
Dream11 Revenues & Profits: Sporta Technologies, which owns and operates fantasy sports portal Dream11, has reported BUMPER FINANCIALS for the fiscal ended 31st March, 2021. According to the company’s financial data accessed by business intelligence platform TOFLER – comapny’s REVENUES and PROFITS both have grown considerably.
Dream11 Revenues & Profits Highlights
- For the fiscal ended 31st March, 56.39% growth in total income is being reported. In comparison to previous fiscal numbers of Rs 1,729.93 crore – company has reported 2,705.56 crore this financial year.
- The revenue from operations has jumped 53% to Rs 2551.59 crore from Rs 1670.16 crore in the previous year.
- The company’s net profit rose 216% to Rs 328.84 crore as compared to Rs 104.01 crore in the previous year.
- The total expenses have increased 43% to Rs 2,206.15 crore from Rs 1,544.2 crore.
- Meanwhile, advertising promotional expenses reported a sharp jump of 35% to Rs 1,249.18 crore from Rs 927.82 crore.
IPL 2022: DREAM11 Revenues ZOOMS, IPL 2022’s Official Fantasy partner reports 216% growth in NET-PROFIT: Check DETAILS
What all Businesses Sporta Technologies OWN?
1) Sporta Technologies-own Dream11: It is is India’s biggest fantasy sports platform with 14 crore+ users playing Fantasy cricket, football, kabaddi, basketball, hockey, and many other sports.
It has partnerships with national and international sports leagues and bodies. The company has associations with many reputed Indian and international cricketers as well.
2) Apart from Dream11, the company also owns FanCode – a premier digital sports platform that personalizes content and commerce for all sports fans. Company owns the Cricket rights of Cricket West Indies and various other sporting properties including Bundesliga.
3) DreamSetGo – a sports experiences platform, and
4) DreamPay – a payment solutions provider.
Dream11 & IPL Association: Dream11 is one of the biggest advertiser on IPL. The company is the Official Fantasy Partner of IPL & BCCI. They also are the CO-SPONSOR of IPL 2022 on both Disney Star Sports & Disney Hotstar.
The company also has associaiton with 8 of 10 IPL Teams either directly with Dream11 or FanCode.
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