How does Delhi Gymkhana Club earn? How does Delhi Gymkhana Club earn?

Delhi’s famous and very high-profile Delhi Gymkhana Club is in the news these days not only for its royal heritage but also for its earnings worth crores. Recently the Central Government has given notice to the club to vacate the land. The government says that this land is necessary for defense and security related needs.

This club, which is about 110 years old, is counted among the most elite social clubs of the country. Getting membership here is not considered easy and big businessmen, former executives, leaders and influential people have been associated with it. The club’s income comes not only from membership fees, but also from restaurants, bars, banquets, events and investments worth crores. According to reports, the club has invested a large amount of its money in mutual funds, bonds and fixed deposits, due to which it continues to earn strong income every year.

Where does the maximum income come from?

• Delhi Gymkhana Club’s biggest income comes from its restaurant, bar and banquet system. According to the financial report, the club earned about Rs 43 crore in a year only from these services.
• High-profile parties, meetings and personal events are hosted at the club, which brings in a steady income.

Where have you invested the money?

• The club has invested a large amount of its money in a safe investment plan. According to the report, the mutual fund portfolio of the club is more than Rs 200 crore. The special thing is that most of the money has been invested in low-risk debt funds and corporate bond schemes.
• Apart from this, the club has also invested more than Rs 24 crore in bank fixed deposits. That means the club not only earns money, but also emphasizes on growing its money in a safe manner.
• Thousands of members are associated with Delhi Gymkhana Club. There are many categories here like permanent member, life member, corporate member and green card holder. Membership fees and annual charges of the club are also considered an important part of its earnings.

What is the total assets of the club?

The total net worth of the club by the end of the financial report 2023-24 is said to be around Rs 129 crore. At the same time, the club’s surplus in a year reached around Rs 9.5 crore, which is several times more than last year.