Sports tech firm Dream Sports posts Rs 181 crore profit in FY20

Mumbai-based firm reported its revenues for the financial year 2019-20 as Rs 2,130 crore, a 166 per cent jump since last financial year

Sports tech firm Dream Sports reported a profit of Rs 181 crore in FY2020. This makes it one of the few Indian consumer-tech unicorns to have turned profitable. It had recorded a loss of Rs 87.8 crore in FY2019.

Mumbai-based Dream Sports reported its revenues for the financial year 2019-20 as Rs 2,130 crore, a 166 per cent jump since the last financial year,  show regulatory documents sourced from business intelligence platform Tofler. There was a 236 per cent increase in the company’s net profit from the last financial year. The company’s total expenses for the fiscal were reported as