Interesting RCB EBIDTA is up 3x compared to last year. This is seasonal in nature but looks like RCB will contribute to 10-20% of EPS going forward.
Management commentary is also very positive on RCB
“I am happy to share that Royal Challengers Sports Private Limited (RCSPL)’s, our wholly-owned
subsidiary, has stepped up its earnings, driven by revenues from the Indian Premier League new
media rights cycle. This reinforces our longer-term confidence in the Women’s Premier League.
Our Sports business aligns to our core purpose of celebration and is a vital component of our
consolidated portfolio.”
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