Indian Super League owner swings to profit in FY25 even as 2025–26 season remains in limbo
Football Sports Development Limited (FSDL), the JioStar subsidiary that owns and operates the Indian Super League (ISL), reported a sharp financial turnaround in FY 2024–25, posting a net profit of ₹45.2 crore. The company had reported a loss of ₹14.3 crore in the previous fiscal.
The reversal was underpinned by a 39% increase in revenue from operations, which rose to ₹492.2 crore from ₹355 crore in FY24. Total income climbed to ₹508 crore, while expenses were tightly controlled at ₹462 crore, resulting in a profitable bottom line, as the company has been racking up losses since inception.
