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Maharashtra · Local

BEST fare hike adds ₹500 crore to kitty, trims losses

Source: Hindustan Times — Mumbai · 19 days ago
BEST fare hike adds ₹500 crore to kitty, trims losses
Image: Hindustan Times

Summary

The fare increase introduced in May 2025 boosted BEST’s earnings for 2025‑26, adding about ₹500 crore to its finances and helping reduce its losses. Additional revenue came from wet‑lease bus services, greater financial support from the BMC, and higher other income.

AI-generated summary. Verify important details at the source.

From the original report

Sources in the BEST said the increase in earnings in 2025-26 was mainly on account of the fare revision implemented in May 2025, higher revenue from wet-lease bus operations, increased financial support from the BMC, and growth in other income

Excerpt from Hindustan Times — Mumbai.

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