Dream11’s FY23 Revenue Crosses INR 6,000 Cr Mark; Profit Jumps 32% To INR 188 Cr

Dream11’s FY23 Revenue Crosses INR 6,000 Cr Mark; Profit Jumps 32% To INR 188 Cr

SUMMARY

Dream11 has seen a 32% increase in its net profits to INR 187.83 Cr in FY23 from INR 141.97 Cr in the previous fiscal year

The company reported a 66% jump in its operating revenue to INR 6,384.49 Cr in FY23 from INR 3,840.75 Cr in FY22

In line with its growing business, total expenses increased 55% to INR 5,838.73 Cr in FY23 from INR 3,762.4 Cr in the previous financial year

Fantasy gaming unicorn Dream11 has posted a 32% surge in its net profit to INR 187.83 Cr in the financial year 2022-2023 (FY23) from INR 141.97 Cr in the previous fiscal year.

The company, founded by Harsh Jain and Bhavit Sheth in 2008, logged a 66% jump in its operating revenue to INR 6,384.49 Cr in FY23 from INR 3,840.75 Cr in the previous financial year.

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