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Covid-19 outbreak: Metro operators lose Rs 700 crore amid lockdown

DMRC to have the largest chunk of revenue loss estimated at Rs 700 cr

Topics
Coronavirus | DMRC | Lockdown

Megha Manchanda & Amritha Pillay  |  New Delhi/ Mumbai 

Metro operators – public and private – across the country have accumulated a revenue loss of up to Rs 700 crore, due to the lockdown. Delhi Metro Rail Corporation, which operates the country’s largest metro rail network, is set to lose over Rs 500 crore in revenues by May 17, the last day of the third phase of nationwide lockdown.

Private operators — Reliance Infrastructure (RInfra) and Larsen & Toubro — are estimated to lose Rs 90 lakh and Rs 2.5 crore as revenue on a daily basis. Services for RInfra’s Mumbai Metro the Delhi Metro were ...

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First Published: Wed, May 06 2020. 22:40 IST
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