Long way to go for Namma Metro to achieve revenue targets
In its effort to recover from the pandemic year losses, the BMRCL is working harder to boost non-ticket revenue which will allow the Corporation to run its services without hiking ticket prices.
The Bangalore Metro Rail Corporation Limited (BMRCL) posted Rs 8.56 crore revenue from “other income” for the quarter ending June 2022, an increase of 40% compared with the ‘other revenue’ for the entire financial year 2021.
But officials admitted that they still have a long way to go to achieve the Rs 50 crore revenue target for FY2022. While metro premises brought an Rs 42 crore revenue in 2019, demand to rent commercial places has not picked up yet.
