Home Startup BookMyShow post ₹192 cr profit for FY25

BookMyShow post ₹192 cr profit for FY25

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India’s appetite for out-of-home entertainment has reached an all-time high. BookMyShow has reported a consolidated net profit of ₹192 crore for the 2024-25 fiscal year (FY25), according to recent filings with the Registrar of Companies (RoC). This milestone marks a significant leap for the platform, which has successfully pivoted from being just a movie-ticketing app to a full-scale live entertainment powerhouse.

Live Events: The New Growth Engine

The standout story of FY25 was the explosive growth of the live events vertical. While movie ticketing remains a steady contributor, the high-margin live entertainment business has become the primary driver of the company’s bottom line.

  • Revenue Surge: Revenue from live events grew by 66%, jumping to ₹756 crore in FY25 from ₹455 crore in the previous year.
  • The “Coldplay” Effect: The platform’s role as the exclusive ticketing partner for the Coldplay ‘Music of the Spheres’ World Tour in India was a major contributor, generating massive transaction volumes and convenience fee income.
  • IP Success: Homegrown properties like Lollapalooza India, along with stand-up comedy tours by Zakir Khan and Samay Raina, saw record attendance.

Financial Snapshot: FY25 vs FY24

BookMyShow’s ability to scale its income while managing its expenses has led to its most profitable year to date.

Financial MetricFY24 (Actual)FY25 (Actual)Growth %
Total Income₹1,430 Crore₹1,869 Crore~31%
Net Profit₹109 Crore₹192 Crore76%
Online Ticketing Revenue₹741 Crore₹828 Crore~12%
Live Events Revenue₹455 Crore₹756 Crore66%

Managing Higher Costs

With greater scale came higher operational costs. The company’s total expenses rose to ₹1,704 crore in FY25, up from ₹1,320 crore a year earlier. This increase was largely attributed to:

  1. Production Costs: Scaling up massive music festivals and international stadium tours.
  2. Artist Fees: Higher payouts for global and domestic headline acts.
  3. Marketing & Advertising: Increased spend to compete with Zomato’s newly launched “District” platform.

Conclusion: A Post-Pandemic Success Story

BookMyShow’s turnaround is complete. After seeing its revenue “nose-dive” to just ₹74 crore during the pandemic (FY21), the company has registered a staggering recovery. By betting big on the “intentional fun” trend—where Indians are increasingly spending on experiences rather than just goods—BookMyShow has solidified its position as the undisputed king of Indian entertainment.

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