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Himachal

Himachal : HRTC achieves a record jump of 37.5% in August revenue

September 01, 2024 05:53 PM
Himachal : HRTC achieves a record jump of 37.5% in August revenue

Punjab Newsline, Shimla, September 1-

The revenue earned by HRTC hit Rs 70 crores in August 2024 which is 37.5% higher than the Rs 51 crores earned in August 2023. It is also much higher than the Rs 58 crores earned in august 2022.

This big jump is Attributed to day to day monitoring of revenue targets, regular reviews, route rationalisation and efforts by the Corporation to keep operations running despite servere monsoons and route disruptions. At points where routes were disrupted due to sliding transship arrangements.

With this the corporation has earned 48 crores more in the first months ( April - August ) of 2024 compared to same period in 2023.

With this increase in revenue HRTC has been not only able to make payments to its suppliers of spare parts and diesel on time but also in a position to meet its salary commitments despite reducing grant from the Government. The new ticket management system and inventory management systems have helped hugely in passenger ease and also cost management. It is hoped that in this fiscal year HRTC revenues can go as much as 80 crores above last year, which would be a significant achievement

 
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