Konkan Railway Corporation
Indian railway company / From Wikipedia, the free encyclopedia
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Konkan Railway Corporation Limited (KRCL) is an Indian public sector undertaking which operates Konkan Railway and also undertakes other railway-related projects. It is wholly-owned by the Government of India under the administrative control of the Ministry of Railways and headquartered at CBD Belapur in Navi Mumbai.[4] The railway (railroad) route of KRCL covers the coastal districts of Maharashtra, Goa and Karnataka states of India.
Company type | Public sector undertaking |
---|---|
Industry | Railways |
Founded | 19 July 1990 |
Headquarters | Navi Mumbai |
Area served | Maharashtra, Goa and Karnataka |
Key people | Santosh Kumar Jha (Chairman & MD) |
Revenue | ₹5,152.23 crore (US$620 million) (2022-23)[1] |
₹236.52 crore (US$28 million) (2019)[2] | |
₹102.00 crore (US$12 million) (2019)[2] | |
Total assets | ₹6,114.70 crore (US$730 million) (2019)[2] |
Total equity | ₹2,068.53 crore (US$250 million) (2019)[2] |
Number of employees | 5,425 (2022-2023) [3] |
Parent | Government of India (100%) |
Website | KonkanRailway.com |
The company started its full operations of trains on 26 January 1998. The first passenger train which ran on Konkan railway tracks on 20 March 1993 between Udupi and Mangalore.[5] Konkan Railway Corporation is at the forefront of research and development of new technologies and concepts for Indian railways.[citation needed] During its initial years of operations in the mountainous Konkan region, a spate of accidents prompted Konkan Railway to investigate new technologies. The anti-collision devices, the Sky Bus and RORO are a few of Konkan Railway's innovations.The Konkan Railway Corporation Limited (KRCL) first became profitable in the financial year 2009-10 and earned profit Rupees 2.84 crores in the fiscal year 2010-11.[6]