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10-25-2013, 03:08 AM #1
BCCI clocks Rs 350-crore net income in 2012-13
The Cricket Board posted net income of Rs 350 crore, while its gross revenue stood at Rs 950 crore during the fiscal 2012-13.
The BCCI, considered the world`s richest cricket body, has earned a surplus of Rs 382.36 crore in 2011-12.
Informing this today after the BCCI`s Finance Committee meeting in Delhi, Board Treasurer Ravi Savant told PTI that the net income figure has been arrived at "provided there is no tax (levied on the amount)."
"The Finance Committee passed the accounts and they will be placed before the Board`s Working Committee that should be meeting in the first week of September," he said.
The Working Committee would also finalise the dates of the Board`s AGM, also to be held next month.