Recently CAG had done a audit of BMTC , an article has been published on the same in business standard.
Some of important points in the report
1.For year-ended March 2009, the corporation has reported a 60.6 per cent drop in the net profit at Rs 55.18 crore, compared to the previous year.
2. an operating loss of Rs 20.6 crore compared to an operating profit of Rs 70.8 crore for 2008-09 as against the previous year.
3. The earnings per kilometre (KM) was Rs 24.63 and expended Rs 23.28 per KM during the year.
4.carried an average of 3.66 million passengers per day
5. the number of trips operated by the corporation increased to 25 million in 2008-09 from 16 million in 2004-05, the percentage of trips checked to the trips operated declined 1.17 per cent from 1.65 per cent in 2004-05
vinod