FINANCIAL PERFORMANCE OF TSRTC OWNED BUSES AND PRIVATE HIRED BUSES – A STUDY ON HYDERABAD REGION

Road Transport system is the most popular medium of transport in India. Public Transport is an important part of the nation’s economy. TSRTC came into existence on 02-06-2014 after the bifurcation of Andhra Pradesh State. TSRTC is committed to provide consistently high quality of services and improve the services through a process of teamwork for the utmost satisfaction of the passengers and to attain a position of pre-eminence in the Bus Transport sector. The present paper focuses on the financial performance of TSRTC owned buses and Private Hired buses (PHB) in Hyderabad region. For the purpose of study Performance of both categories the profit and loss account from Jan-19 to Sep-19, nine months data is taken from the official web site of TSRTC. Hyderabad region is divided into three divisions namely Kachiguda, Hayathnagar, and Charminar. Kachiguda division comprises of five depots namelyBarkathpura, Mushirabad-I, Disukhnagar, Mushirabad-II and Kachiguda. Hayathnagar division comprises of six depots namely Hayathnagar-I, Hayathnagr-II, Uppal, Midhani, Ibrahimpatnam, and Badlaguda. Charminar division comprises of six depot namely Falaknuma, Mehdipatnam, Rajendranagr, Hyderabad Central University(HCU), Maheshwarem, and Farooqnagar.

               

KEYWORDS:  TSRTC Owned Buses, Private Hired Buses, Financial Performance.


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