PMPML earns revenue of Rs 414.7 cr in April-Dec ’17

ST Correspondent
Saturday, 6 January 2018

“There has been a rise of Rs 18.41 crore in this period, thus a hike of Rs 6.69 lakh per day. This has been achieved by increasing the number of buses on road, providing passengers with clean and safe bus service, rationalisation of routes and timely service,” said Mundhe.

PUNE: In a period of nine months after Tukaram Mundhe took charge as Chairman and Managing Director (CMD), the Pune Mahanagar Parivahan Mahamandal Limited (PMPML) earned a revenue of Rs 414.7 crore from April to December 2017. The transport body earned Rs 396.3 crore in the same period in 2016.

Mundhe told reporters that since April to December last year, there has been a consistent rise in the revenue of PMPML. 

“There has been a rise of Rs 18.41 crore in this period, thus a hike of Rs 6.69 lakh per day. This has been achieved by increasing the number of buses on road, providing passengers with clean and safe bus service, rationalisation of routes and timely service,” said Mundhe.

He said that between April-December 2017, average daily passenger traffic was 10.71 lakh, which was 50,819 higher than the average passenger traffic of 10.20 lakh per day in the same period in 2016. 

He also said that there has been an improvement in the number of buses on road, with 1,425 buses plying on an average daily, as compared to 1,383 buses in 2016.

PRIVATE CONTRACTORS PENALISED
Private contractors who violate the terms of service while operating the buses have been imposed with a penalty of Rs 88.52 crore between April and November. The penalty for financial year 2016-17 was Rs 21.06 crore. 

“The aim is to improve the quality of service provided to customers by private operators. Also, since there has been an improvement in the number of PMPML owned buses on road, we have started to rely less on private operators. Thus, we have saved Rs 10.49 crore, which otherwise PMPML would have had to pay to private operators, reducing the usage of private buses by 23.67 lakh km,” said Mundhe.

OPERATIONS INCREASED
PMPML’s operations increased by 36.35 lakh km from April to December 2017, as compared to the previous year. During April to December 2017, PMPML operated on 8.57 lakh km, which was 8.21 lakh km in the same period in 2016.

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