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For the first time since it began operations, Namma Metro crossed an annual revenue of ₹1,000 crore in the financial year 2024-25. This milestone was achieved due to a steady recovery in passenger numbers, the expansion of the metro network, and a sharp fare hike that was introduced in early 2025.
Bangalore Metro Rail
Ticket sales remained the biggest source of income for the Bangalore Metro Rail Corporation Limited (BMRCL). However, earnings from non-ticket sources such as advertising and property remained almost unchanged, rising by only ₹5 crore compared to the previous year. During 2024-25, Namma Metro carried an average of 7.58 lakh passengers every day, showing strong growth in ridership.
BMRCL Incurs Loss
Despite this increase in passengers and an operating profit of ₹229 crore, BMRCL's overall losses increased significantly. After accounting for expenses such as depreciation and taxes, the net loss widened to ₹623.93 crore, compared to ₹350.7 crore in the previous year. According to the BMRCL annual report, this gap highlights the high costs involved in running and expanding the metro system.
Reach 6 Corridor
The report also provided updates on upcoming metro projects. The Reach 6 corridor, which connects Kalena Agrahara and Nagawara, is nearing completion, with tunnelling work already finished. This corridor will be opened in two phases during 2026-27. In 2024-25, BMRCL also opened a 3.15 km extension of the Nagasandra line up to Madavara.
BMRCL's Funding for Projects
To fund its projects, BMRCL has borrowed ₹17,071 crore, apart from receiving grants from the state and central governments. In February 2025, metro fares were increased by 71%, a move that faced strong opposition from commuters and political leaders.
Digital Marketing
The report noted a growing preference for digital ticketing. Around 20% to 23% of passengers used QR-code tickets, while nearly half continued using smart cards. Work has also begun on the Orange Line under Phase III, though the project is already delayed as tenders have yet to be issued.
