The Indian Premier League (IPL) continues to showcase its financial might, with franchises reporting robust revenues and profits for the latest season, underscoring the tournament's status as a global sports juggernaut. Gujarat Titans led with ₹776 crore in revenue, followed by Mumbai Indians at ₹737 crore, though the former posted a ₹57 crore loss due to high setup costs. Punjab Kings topped profitability with ₹252 crore. Despite varying financial outcomes, central BCCI revenue, fan engagement, and corporate backing fueled growth across teams. As the IPL expands its global footprint, franchises like newcomers Lucknow Super Giants signal the league's sustained commercial ascent, even as some navigate operational challenges.
The Most Profitable IPL Franchises In 2025: From Punjab Kings to Chennai Super Kings
Punjab Kings
Revenue: ₹664 Crore
Profit: ₹252 Crore
Punjab Kings recorded ₹664 crore in revenue and ₹252 crore in profit, showcasing strong financial performance despite inconsistent on-field results. Their profitability stems from robust sponsorship deals, leveraging their loyal fan base, and effective merchandising. The franchise, co-owned by Preity Zinta and others, benefits from strategic marketing and a presence in the lucrative Punjab market.
Chennai Super Kings
Revenue: ₹676 Crore
Profit: ₹229 Crore
With ₹229 crore in profit, Chennai Super Kings are among the most valuable teams in the league, boasting a massive fan base and MS Dhoni's enduring appeal. CSK's disciplined management and strong brand loyalty make them a financial powerhouse. Achievements include five IPL titles (2010, 2011, 2018, 2021, 2023) and 10 final appearances, cementing their legacy as one of the most successful franchises.
Royal Challengers Bengaluru (RCB)
Revenue: ₹650 Crore
Profit: ₹221 Crore
Royal Challengers Bengaluru (RCB) achieved ₹650 crore in revenue and ₹221 crore in profit, largely due to their global fan following and Virat Kohli's star power. RCB's consistent playoff appearances highlight their competitiveness. Owned by United Spirits, they capitalize on their "Royal Challenge" branding. Their passionate fan base drives ticket sales, while strategic marketing keeps them financially strong.
Delhi Capitals
Revenue: ₹580 Crore
Profit: ₹195 Crore
Delhi Capitals generated ₹195 crore in profit, reflecting smart financial strategies and a growing fan base. Co-owned by JSW and GMR, they leverage Delhi's market for revenue growth. Their best performance to date is reaching the IPL final in 2020.
Kolkata Knight Riders
Revenue: ₹698 Crore
Profit: ₹175 Crore
Kolkata Knight Riders (KKR), the defending IPL champions, reported ₹698 ₹175 crore in profit. Their profit comes from diverse revenue streams, including sponsorships, merchandise, and BCCI's central pool. KKR's have won three IPL titles (2012, 2014, 2024), showcasing their ability to rebuild and succeed. Their global fan base and innovative marketing, like the Knight Club app, drive engagement.
Rajasthan Royals
Revenue: ₹662 Crore
Profit: ₹142 Crore
Rajasthan Royals earned ₹662 crore in revenue and ₹142 crore in profit. Winning the inaugural IPL in 2008 remains their pinnacle achievement, though recent playoff appearances signal a resurgence. Owned by Manoj Badale's Emerging Media, they emphasize grassroots development through academies.
Mumbai Indians
Revenue: ₹737 Crore
Profit: ₹109 Crore
Mumbai Indians made a profit of ₹109 crore in 2024, which is surprisingly low given their status as the most successful team in the IPL. Owned by Reliance Industries, Mumbai boast five IPL titles (2013, 2015, 2017, 2019, 2020), tying with CSK for the most. Stars like Rohit Sharma and Hardik Pandya drive fan engagement.
Lucknow Super Giants
Revenue: ₹695 Crore
Profit ₹59 Crore
Lucknow Super Giants recorded ₹59 crore in profit, impressive for a franchise that joined the league just three seasons ago. Debuting in 2022, they reached the playoffs in their first two seasons, and this season they have bought Rishabh Pant as their captain.
Gujarat Titans
Revenue: ₹776 Crore
Loss: ₹57 Crore
Gujarat Titans incurred a ₹57 crore loss, reflecting heavy initial investments. Owned by CVC Capital Partners, the franchise got a new owner in Torrent Group, who bought a majority stake from CVC Capitals last year. They won the IPL in their 2022 debut and were runners-up in 2023, marking remarkable early success. Stars like Shubman Gill drive their appeal.
Sunrisers Hyderabad
Revenue: ₹659 Crore
Profit: NA
Sunrisers Hyderabad generated ₹659 crore in revenue, with profit figures unavailable but likely positive given industry trends. Owned by Sun TV Network, their financial strength comes from media synergies, sponsorships, and a passionate fan base. They won the IPL in 2016 and reached the 2024 final.
