The record revenue was achieved as the club benfited from merchandising and other commercial measures.
Operating profit, excluding football player transfers, totalled £22.7m. However, including the trading costs of players such as Peter Crouch, the club sustained a £6.6m loss.
The North London-based club, which finished forth in the Premier League last year, helped increase revenue from a number of its commercial endeavours.
Daniel Levy, the club’s chairman, said: "This period has seen the club produce a record turnover and a 23% increase in operating profit.
"We are benefiting now from our investments to date in the first team squad. Our challenge is to accrue further benefits from our investment in capital projects, in order to lay the strongest foundations for the future stability and prosperity of the club."
Across its commercial operations, the company claimed that its in-house TV channel, Spurs TV, continued to attract the highest levels of subscriptions of any comparable Premier League club.
The club, which looked to tap into the buzz around social media with the launch of Facebook and Twitter accounts, admitted that some of its revenues had suffered.
For instance, it said that corporate hospitality suffered from the club not being in a European competition last season.
During the financial period, the club announced two new shirt sponsors: Autonomy, the software company, and Investec, the banking and asset management group.
Today (Thursday) it announced a one-year extension to the Puma kit deal, which will now run until the end of the 2011/2012 season.
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