India, March 7 -- The monetary loss of Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has mounted to Rs.766 crore in the financial year 2024-25 from Rs.696 crore the previous fiscal. Of the around 1,600 buses plying on 472 routes daily, only two - Swargate to Katraj and PMC bus stop to Nigdi - are in profit, according to officials.

The public transport body has once again undertaken route rationalisation to reduce the losses, officials said.

The per km expense is Rs.114 and per km income is Rs.53 for the transport body. With new buses planned to be added to the fleet, the route rationalisation process is going to be done by PMPML.

Deepa Mudhol Munde, chairman and managing director, PMPML, said, "Route rationalisation is a continuo...