KOLKATA, 24 APRIL: “Kolkata's Pride,” the Metro Railway, reported a loss of Rs 99.26 crore in the 2011-12 fiscal year. This is Rs 15.35 crore higher the operating loss the country's oldest tube railway reported in the previous year. In 2011-12, Metro Railway spent Rs 304.72 for every Rs 100 it earned.
Although the Metro's growing losses threaten the quality of services used by more than five lakh commuters every day, a fare hike to reduce the losses is unlikely this year, railway sources said.