IN 2016-17, over a billion people rode the Delhi Metro. On some days, over 3.5 million boarded the trains. Based on similar high ridership figures in 2015-16, Rajiv Gauba, former chairman, Delhi Metro Rail Corporation (DMRC), said, “These high ridership figures show the tremendous faith and confidence that the people of the entire National Capital Region have in the Delhi Metro as a safe, fast and a reliable means of transportation.” He added that the Delhi Metro was “instrumental in ushering in a new era in… mass urban transportation” in the country. Despite this success, DMRC incurred huge losses. In 2015-16, its net loss was over Rs. 700 crore. This is the reason that it hiked its fare in May 2017. The maximum rise was a hefty 66.66% for distances over 32 km. According to DMRC’s revenue director, KK Sabarwal, the hike “was important in order to sustain its operations”.
http://www.gfilesindia.com/metro-myths-delhi-metro-claims-its-loss-making/
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