MUMBAI: The Siddhivinayak temple trust, Prabhadevi, has reported record annual earnings of Rs 133 crore for the financial year 2024-25. The sum marks a 15% increase over Rs 114 crore in 2023-24, said executive officer Veena Patil.
The managing committee presented its annual budget on March 31. The temple’s revenue is expected to rise to Rs 154 crore in the next financial year 2025-26.
Siddhivinayak’s deputy executive officer Sandeep Rathod said, “Owing to the administration’s efficiency, our income expected to be Rs 114 crore rose to a record Rs 133 crore, surpassing the trust’s own estimates by 15%. We have seen if devotees are facilitated with smooth darshan, if queues move swiftly in an orderly fashion, more people can take darshan, thus increasing donations. It ensures a pleasant visit experience. In Siddhivinayak, each devotee gets 10-15 seconds for darshan, which according to me, fares better than other large shrines which grant 5-7 seconds. As a result, people’s hearts are inclined to donate more.”
Revenues are assessed from ‘daan peti’ earnings, puja rituals, sale of laddoo and nariyal wadi prasad, online donations and gold-silver offerings. The monies are routed to the trust’s welfare activities. “We do adjust revenue assessment for inflation. Even though prices of food items and gold prices have risen, we have seen more items being auctioned in our gold-silver. Prasad is sold on a no-profit-no-loss basis,” Rathod said.
