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The Ranji Trophy, which the winners get.
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| Administrator(s) | BCCI |
|---|---|
| Cricket format | First-class cricket |
| Tournament format(s) | Knockout |
| Champions | Holkar |
| Most runs | K. C. Ibrahim (Bombay) (606) |
| Most wickets | Hiralal Gaekwad (Holkar) (29) |
The 1947–48 Ranji Trophy was the 14th season of the Ranji Trophy. Holkar won the title defeating Bombay in the final.