News Karnataka
Thursday, November 30 2023

In a turnaround, KSRTC reports gains of Rs 10.29 Crore

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ksrtcBengaluru: In a turnaround, the Karnataka State Road Transport Corporation (KSRTC) has reported profits of Rs 10.29 Crore in 2017-18 as compared to the loss of Rs 138.50 Crore that the corporation suffered last year.

Addressing a press conference, KSRTC President K Gopala Poojary said that with one month still remaining for the financial year to end, the corporation is expecting to make a profit of minimum Rs 15 Crores. “We purchased 1,621 buses in this year and this would further boost the profits in the next financial year”, he added.

The Managing Director S R Umashankar said that in order to provide better facilities to the commuters, the maintenance of toilets, bus stations etc., would be outsourced to Sulabh International Institution. “Wi-Fi facility has been installed in more than 1,500 buses, and the facility will be extended to the remaining buses within three months”, he said

Further, he added that the corporation would donate Rs 40 Lakh to the Jayadeva Institute of Cardiovascular Sciences and Research.

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