Toyam Sports Ltd., a prominent player engaged in sports production, promotion and management, in its board meeting held on November23, 2023, has approved the unaudited Financial Results of the Company for the quarter and half year ended on 30September 2023.
For the quarter ended 30 September 2023, RevenuefromOperationsgrewby2195.71%fromRs.8.4 LakhsinQ2FY23 toRs.192.84 Lakhs in Q2FY24.EBITDAwas reported at Rs.139.84 Lakhs in Q2FY24, with EBITDAmarginscoming in at 72.52%. PAT grew toRs.139.85 LakhsinQ2FY24.
For the half year ended 30 September 2023, RevenuefromOperationsgrewby23.25%fromRs.270.64 LakhsinH1FY23 toRs.333.57 Lakhs in H1FY24. EBITDAwas reported at Rs.99.83 Lakhs in H1FY24. EBITDAmarginsstood at29.93%inH1FY24. PAT increasedtoRs.97.27 LakhsinH1FY24.
Toyam Sports Limited (TSL) is a publicly (BSE & MSEI) listed company, run passionately by sports enthusiasts, engaged in sports production, promotion and management. On the Mixed Martial Arts (MMA) space, TSL successfully conducted the ‘Kumite-1 League’, in the presence of legendary Mike Tyson, and will be soon showcasing the league’s vision through its ‘1st of its kind’ reality TV show, ‘Kumite-1 Warrior Hunt’. TSL has also established its foothold in the Cricket business. TSL, through its subsidiary, Pacific Star Sports Services LLC, owns league rights in countries like Kenya, Mauritius and Greece across formats like T10 and T20, domestically and internationally. Additionally, TSL is on course to establish its international footprints after being associated with Africa Cup T20, Tanzania Cricket Premier League, Cricket Kenya, Oman Cricket Academy & India-Bangladesh ODI series in various capacities.
In a bid to strengthen the sports ecosystem and provide quality, and yet affordable, accessories to the athletes, TSL has launched a range of sports accessories under the ‘K1 L’ Brand available on all leading e-com platforms like Amazon, Flip Kart etc.Run passionately by sports enthusiasts, TSL aims to play a leading role in bringing a paradigm shift in the sports industry in India, while establishing global footprints as well, via organic as well as inorganic opportunities. TSLempowers the spirit of sports by creating right platforms for deserving athletes, even from the grassroot levels, by producing, promoting and managing some of the biggest sports’ intellectual properties. TSL’s team, comprising of nimble-footed professionals, proactively scout for opportunities in the world of sports to widen the horizon for Toyam.