"DMRC is making profits of about 30 per cent, but the recent move shows its desperate attempt to make more profits by burdening common people," said the All India Students Association's Delhi president, Neeraj Kumar.
The protest outside the Metro Bhavan at Barakhamba Road was organised by the CPI-ML (Liberation), its student wing AISA and the All India Central Council of Trade Unions (AICCTU).
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On May 10, the DMRC hiked its fares based on the recommendations of a three-member Fare Fixation Committee.
"At a time when Delhi Transport Corporation (DTC) is reeling under pressure to cater to the needs of people, the fare hike in Delhi Metro will lead to more trouble for the people in the days to come," Kumar said.
He said the fare hike would lead to lower footfall in the metro, aggravating traffic congestion.
However, DMRC officials who met representatives of the protesters said that it was the government whch has to take a call on rollback of fare hike.
On Monday, the All India Democratic Women's Association (AIDWA), the Democratic Youth Federation of India (DYFI) and the Students Federation of India (SFI) had protested outside the Delhi Metro Rail Corportaion office at Jantar Mantar demanding a roll back of the hike in fares.
SFI is expected to hold another protest at the Metro Bhawan in Barakhamba Road on May 22.
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