State Road Transport Undertakings
of Karnataka (SRTUK) have incurred Rs 816.23 crore revenue loss from March 1 till April 20 following restrictions on movement due to COVID-19, a senior official said on Wednesday.
"We stopped our inter-state premium services from March 1, 2020 and observed total lockdown from March 23.
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From March 1 to April 20 we have incurred a revenue loss of Rs 816.23 crore," the Chief Traffic Manager of Karnataka State Road Transport Corporation B T Prabhakar Reddy told PTI.
He said they started receiving reports from February about prevalence of coronavirus cases and later decided to stop inter-state AC bus services from March 1.
The State Road Transport Undertakings of Karnataka has four wings -- the Karnataka State Road Transport Corporation, North West Karnataka Road Transport Corporation, North East Karnataka Road Transport Corporation and Bangalore Metropolitan Transport Corporation.
KSRTC incurred a revenue loss of Rs 314.89 crore, NWKRTC Rs 172 crore, NEKRTC Rs 180 crore and BMTC Rs 149.34 crore, he said.
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Reddy said that despite the massive revenue loss, SRTUK managed to pay the salaries of the employees.
"Salary is not an issue. It has been paid to all," Reddy added.
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