Mumbai's Brihanmumbai Electric Supply and Transport Undertaking (BEST) saw its net deficit narrow by 46 per cent to Rs 731.97 crore in 2025-26, compared with Rs 1,361.85 crore in 2024-25, according to its final accounts. The reduction in the deficit was Rs 622 crore compared with the previous financial year, BEST said in a press note issued on Monday.

The electricity division reported a surplus of Rs 442.90 crore during 2025-26, an increase of 22.50 per cent over the previous year. In contrast, the transport division reported a deficit of Rs 1,182.87 crore, which was 31 per cent, or Rs 541 crore, lower than the previous year.