Polo in India dazzles with royalty and designer flair, but is it profitable? Clubs like RIPC charge ₹1.25 lakh/year and expect ₹4 crore revenue, yet horse upkeep can hit ₹1 lakh/month. With only 50 members and 100 monthly requests, polo mixes exclusivity with high costs, raising questions about whether it’s a thriving business or a luxe illusion.