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MSRTC earns profit of Rs 16.86 crore for first time in nine years
Updated On: 12 September, 2024 07:33 PM IST | Mumbai | mid-day online correspondent
The state government's free travel scheme for citizens above 75 years of age and 50 percent concession on tickets for women on MSRTC buses led to a huge surge in the number of passengers
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The Maharashtra State Transport Corporation (MSRTC), which was reeling under severe financial crises for the past five-six years, earned a profit of Rs 16.86 crore in August. This is for the first time after nine years that MSRTC had earned a profit.
In a press release issued by Abhijit Bhosale, the Public Relations Officer of MSRTC, 20 out of 31 departments earned profit last month.
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