The 2022-23 fiscal year has started on a bright note for the Andhra Pradesh State Road Transport Corporation (APSRTC), which has been looking for new avenues to augment its revenue.
“Between April and August this year, the RTC buses registered 72% occupancy ratio (OR) when compared to 60% registered in the corresponding period last year,” APSRTC Vice-Chairman and Managing Director Ch. Dwaraka Tirumala Rao told the media on Thursday.
Exploring non-ticket revenue modes, the corporation introduced door delivery parcel service in cargo sector on September 1 last year, with an initial cap of 5 kg on the parcels. Marking completion of one year of the service, a special drive was launched between July 25 and August 24 to promote bookings. “A total of 1,79,869 door delivery parcels were booked during the period, against an average of 972 in a month,” he said, adding that last year fiscal, the corporation generated a revenue of ₹122 crore from the service.
