Dream Sports, the parent of Dream11, saw its operating scale decline 15% in FY25 and reported a net loss of Rs 479 crore for the year ended March 2025. This appears to be a rare loss for the Mumbai-based company, which was steered by a one-time tax cost of Rs 575 crore (tax) arising from the cross-border merger of Dream Sports INC and India’s Sporta Technologies, along with Rs 771 crore cost, which were booked against directors’ benefits.
The financial setback came ahead of the Indian government’s move in August 2025 to introduce a blanket ban on…

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