What is the profit of Kerala Metro?
What is the profit of Kerala Metro? KMRL's revenue has increased from Rs 54.32 crore in 2020-21 to Rs 134.04 crore in 2022-23. The operating profit for the current year is Rs 5.35 crore. It is calculated on the basis of the revenue received and the expenses incurred for day-to-day operations.
Is Kochi Metro in profit?
Kerala's Kochi Metro has achieved an operating profit for the first time since it began services six years ago. With record-breaking passenger traffic, the Metro saw a 145 percent increase in revenue in the 2022-23 fiscal year compared to the previous year.
What are the advantages of Kochi Water Metro?
Advantages of the Kochi Water Metro Project: Drastically reduce the road traffic by diverting the passengers to water transport. In turn, it would assist in reducing the road congestion on the roads. Reduction in the atmospheric pollution from land vehicles and carbon footprint of Kochi City.
Is Kerala Metro in profit or loss?
Kerala's Kochi Metro has achieved an operating profit for the first time since it began services six years ago. With record-breaking passenger traffic, the Metro saw a 145 percent increase in revenue in the 2022-23 fiscal year compared to the previous year.
Which Metro is running in profit in India?
In 2022-23, Bangalore Metro Rail Corporation Limited (BMRCL) earned Rs 594.02 crore while its operating expenses stood at Rs 486.61 crore. The scales were tilted by a robust non-fare revenue of Rs 171.41 crore, data reviewed by DH shows.
Which city has the only metro system in Kerala?
Kochi Metro is a mass rapid transit system in the city of Kochi (formerly known as Cochin). Currently, only one phase is operational, while two more are in the planning stage. Over 1 lakh people travel on this metro line every day that operates at a frequency of 8 minutes.
What are the future plans for Kochi Water Metro?
Once fully operational in 2035, the Kochi Water Metro will connect 10 island communities with Kochi's mainland through 78 battery-operated electric hybrid boats, 15 strategic routes, and 38 modern terminals.
Which city in India will have the first underwater metro?
Kolkata is set to welcome India's first underwater metro train which will allow commuters to travel across the Hooghly river which separates West Bengal's capital from Howrah.
What is the budget of Kochi Water Metro?
Funding. The total cost of the Water Metro project is ?1,137 crore (US$140 million).