Mumbai's Siddhivinayak Temple Trust Reports 15% Jump In Revenue For FY 2024-25
Siddhivinayak Temple in Mumbai saw a 15% revenue increase to Rs 133 crore in FY2024-25, with projections of Rs 154 crore for FY2025-26
Mumbai's famous Siddhivinayak Temple has reported a 15 per cent increase in its revenue for the financial year 2024-25. The temple's managing committee presented its annual budget on March 31 where it reported an annual earning of Rs 133 crore in the outgoing financial year.
For this fiscal year 2025-26, the trust has projected an earning of Rs 154 crore. According to the trust, the temple earned this revenue through donations given by devotees and offerings constituting the highest portion of earnings.
Donation boxes, online payments, rituals, the sale of prasad and auctioning of gold and silver were other sources through which the temple made the earning, as per officials, reported PTI.
A temple trust official said that the sale of laddoos nariyal vadi (a crunchy coconut treat with a sugary rush) jumped by 32 per cent compared to the previous financial year (2023-24). The temple trust distributes about 10,000 laddoos to devotees every day.
"In fiscal 2024-25, the temple administration earned a record-breaking income of Rs 1.33 crore from the auction of gold and silver on Gudhi Padva compared to Rs 75 lakh earned in the previous year's Gudhi Padva," the official said.
Rise In Devotees Among Reasons For Increased Earning
Chief Executive Officer of Shree Siddhivinayak Ganpati Mandir Trust, which manages the famous Lord Ganesha temple, Veena Patil attributed the rise in devotees and administrative reforms for increased earning.
The temple trust has estimated earnings of 154 crore in the current financial year, she added.
Patil said 20 per cent of the overall earnings are spent on providing medical aid and other facilities, including financial assistance to patients suffering from 18 types of diseases, and operating a dialysis centre.
The temple trust also provides a book bank facility for college students and a study room in the trust's building adjacent to the temple. It also funds the education of children of farmers who died by suicide.
"We ensure that offerings and donations are channelled back to the society for the welfare of people," Patil said.
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