After years of heavy investment and losses, Mobile Premier League (MPL) has finally entered the profit zone. The popular esports and online gaming platform reported a ₹36 crore net profit in FY25, marking its first profitable year since inception.
The company’s turnaround comes on the back of strong user engagement, better cost efficiency, and a focus on sustainable revenue growth in the Indian gaming market.
Key Highlights:
| Particulars | FY25 | FY24 | Change |
|---|---|---|---|
| Net Income | ₹36 crore (profit) | ₹87 crore (loss) | Turned profitable |
| Operating Revenue | ₹980 crore | ₹830 crore | +18% |
| Expenses | ₹944 crore | ₹917 crore | +3% |
| EBITDA Margin | 11% | -4% | Improved |
| Focus Areas | Esports, Fantasy Gaming, Real-Money Games | – | – |
What Drove MPL’s Profitability
- Reduced Marketing Spend: MPL optimized ad budgets and focused on organic user growth.
- Increased Player Retention: Strong engagement through fantasy and skill-based games.
- Global Expansion: Growth in Indonesia and the US added steady revenue streams.
- Operational Efficiency: Leaner operations led to higher margins.
MPL’s Journey to Profit
Founded in 2018 by Sai Srinivas and Shubh Malhotra, MPL quickly rose as a major name in India’s gaming ecosystem. However, intense competition and high user acquisition costs led to years of losses.
In FY25, MPL’s shift to monetization-first strategies and AI-driven player analytics paid off. With profitability achieved, the company is now focusing on expanding its esports tournaments and partnerships globally.
What’s Next for MPL
The company aims to strengthen its position as India’s leading gaming and esports platform, targeting tier-2 and tier-3 cities for further growth. MPL is also exploring Web3 and blockchain-based gaming models to diversify its portfolio.
