MSRTC suffers accumulated losses of over Rs 1934 cr in FY 15

Maharashtra State Road Transport Corporation (MSRTC) has registered a decline of 11.32 million passengers due to which it suffered a loss of more than Rs 1934 crore for the financial year that ended on March 31, 2015.
RTI activist Anil Galgali had sought information from the corporation regarding the total number of passengers using the state transport bus facility and expenses incurred on the same and the fares charged.
MSRTC Corporation Deputy General Manager S D Mainhalikar informed Galgali that in the year 2014-15, a total number of 245,60,33,000 people travelled by MSRTC buses.
But in 2013-14, the number was 256,60,65,000. So as compared to the previous year, there was a decline of 11,32,00,000 passengers. The income of MSRTC was Rs 25.94 per kilometre in 2013-14 as against of expense Rs 35.22 per kilometre cost.

In 2014-15, the expense per kilometre was Rs 36.85 and the income stood at Rs 27.57 per km. MSRTC buses recorded a total run of 208,48,55,000 km in 2014-15 as compared to 204,65,74,000 in the whole state in the year 2013-14.
The corporation stated that in the year 2014-15, total expenses stood at Rs 7682,88,83,000 whereas the income was Rs 5748,11,02,000. The accumulated loss was Rs 1934,77,81,000.
In the year 2013-14, the accumulated loss was Rs 1899,02,65,000. The income that the corporation earned was Rs 5308,53,85,000 whereas it incurred expenses of Rs 7207,56,50,000.
The accumulated loss, compared to the previous year, increased by Rs 35,75,16,000.