The documents stated that the total assets of the Tirumala temple were worth Rs 2.26 lakh crore including over 10 tonnes of gold and Rs 15,938 crore in cash.
Tirupati's world famous Lord Venkateswara temple's net worth of over Rs 2.5 lakh crore (about USD 30 billion) is more than the market capitalisation of IT services firm Wipro, food and beverage company Nestle and state-owned oil giants ONGC and IOC.
Tirumala Tirupati Devasthanams, keeper of the temple dedicated to Tirupati s presiding deity, for the first time since its founding in 1933 declared its net worth.
The temple body owns land parcels and buildings in different parts of the country. According to officials, TTD revenues are increasing thanks to the rise in cash and gold offerings made by devotees. Due to increase in interest rates, the temple body is earning more on fixed deposits in the banks.