Schedule a Call Back
KMRL reports operational profit for FY24
2024-12-30
Kochi Metro Rail Limited (KMRL) reported a profit for the financial year 2023-24. According to KMRL's annual report for FY24, the operational revenue was Rs 1.51 billion, while operational expenses stood at Rs 2.05 billion. However, KMRL clarified that Rs 603 million spent on the non-motorised transport (NMT) project should be excluded from the expenses, reducing the actual operational expense to Rs 1.45 billion.
Additionally, KMRL highlighted that the total revenue was Rs 1.68 billion, including an extra Rs 169.3 million from consultancy income and interest. As a result, KMRL achieved an operational profit of Rs 229.4 million for FY24.
Subscribe Now
Subscribe to our Newsletter & Stay updated
RECENT POSTS
Popular Tags
Folliow us
Related Stories
India Launches First Maritime Sector NBFC
Union Minister Sarbananda Sonowal recently inaugurated Sagarmala Finance Corporation Limited (SMFCL), India’s first NBFC dedicated to the marit...
We’re committed to setting benchmarks in sustainable luxury living
From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Beng...
SECI Extends Green Ammonia Bid Deadline to 30 June
The Solar Energy Corporation of India (SECI) has extended the bid deadline for its green ammonia tender to 30 June 2025. The tender was issued un...
