New Delhi: When Metro Delhi’s service was continued in September last year after being closed for 169 days due to Covid-19 pandemic, the capital transportation route recorded 6-7 lakh passenger travel a day.
In September this year, the average passenger trip per day has risen to 28 lakh.
However, despite a four-fold increase in passengers, Delhi Metro Rail Corporation looked at the estimated loss of Rs 1,500 Crore in the financial year 2021-22.
Pandemics resulted in DMRC’s revenue to swoop Rs 3,897.3 Crore in 2019-20 to Rs 895.9 Crore at 2020-21.
While the DMRC had a surplus of RS 758 Crore in 2019-20, the last fiscal saw a train company that recorded a deficit of Rs 1,784.9 Crore.
The first quarter of the financial year today coincided with the second wave of Covid-19 cases and saw train services closed to the general public for 48 days.
With the Metro train only allows 50% of the capacity of his seat and no passengers standing, DMRC finally spend more about operations rather than producing.
From July-end, however, after 100% non-passenger seating stands are permitted, there are several pauses for commuter and DMRC.
However, it is not enough to attract DMRC into black.
“We haven’t returned to a position where we can fulfill all our expenses but the gap decreases every day,” said DMRC Managing Director Mangu Singh to Ti.
“We have lost around Rs 1,700 Crore last year and expect the loss of 1,500 crore Rs this year.” He said that the DMRC would end with a loss of greater than Rs 2,100 years ago but for its efforts to increase the income and expenditure of turtles without affecting the operation and expenditure related to safety.
“More people want to use Metro now, but we cannot bring it because of restrictions,” said Singh.
“After the pandemic ends, the metro system will certainly be the preferred choice because of the reliability, comfort and convenience of transportation.” He hopes the passengers forced to use private vehicles will now return to the Metro.
Singh said that at the end of March 2022, the DMRC would experience a total deficit of Rs 3,200 Crore.
This problem was taken at the meeting of the board of directors of the company recently.
“The council agreed to approach all our stakeholders to share this loss,” he said.
“We have distributed all losses from RS 3,200 crore year-wise, based on pro-average and in accordance with the principles set by project sanctions commands, among the four governments Delhi, Haryana and Uttar Pradesh.
We have written to them to support We.
“Apart from revenue from tariffs, the income obtained by DMRC through the retail area leasing, parking lots and commercial complexes are also beaten when Covid limits train services.
Singh said that DMRC ensured that those who rented a room did not ‘escape’ even when metro services were closed.
“We do not ask for rent for the affected period.
After the train service starts again, we give lessor facilities to adjust their rent based on footsteps in a transparent way,” said the DMRC implementing director, added that if footsteps half or one third of them Normal, the rent is in accordance with it.
Customized.
Singh said that these steps have helped and clients have maintained their rented space.
Even if lease income is lower than pre-covid, DMRC still produces rental income, he said.
Footfall up 4-fold, Metro Delhi will still lose RS 1.5K CR
