Hyderabad: The Hyderabad Metro Rail has been experiencing a steady increase in ridership, setting new records. In the second quarter of the current fiscal year (Q2FY2025), the daily average ridership surged to 4.68 lakh passengers, surpassing the previous quarter’s 4.32 lakh and the corresponding period last year’s 4.62 lakh.
The metro’s peak performance was witnessed on August 14th, when a staggering 5.60 lakh passengers utilized the service. This surge in ridership is a testament to the increasing reliance on public transportation in the city and the convenience offered by the metro.
While the Hyderabad Metro continues to gain popularity, its parent company, Larsen & Toubro (L&T), reported a consolidated net loss of Rs 2.07 billion for the quarter ending in September 2024. This loss, although reduced from the previous quarter and the corresponding period last year, underscores the challenges faced by the infrastructure giant.
Despite the financial hurdles, the rising ridership figures for the Hyderabad Metro offer a glimmer of hope, signaling a potential upward trajectory in the coming quarters.
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