The money
PMPML's profit and loss account for eight fiscal years, FY2017-18 to FY2024-25. A fiscal year runs April to March. All money is in ₹ crore (1 crore = 10 million).
Costs grew, income did not
In FY
The shaded band is the operating loss. FY2020-21 and FY2021-22 are the COVID years, when income fell and costs did not. FY2024-25 ends before the fare rise of June 2025, so its effect is not in these accounts yet.
The cities pay most of the loss back, not all of it
The municipal corporations own PMPML and pay back its operating loss each year; since FY2023-24 the Pune Metropolitan Region Development Authority (PMRDA) pays a share too. In FY
The black tick is the operating loss. Where the bar stops short of it, PMPML made a net loss for the year.
About half of every rupee spent is wages
Employee costs were
The source statements were read by hand from published accounts and, for FY2021-22 to FY2023-24, from scans. The net result is computed from its parts, because the figure reported for FY2023-24 is an approximation.