https://www.taxtmi.com/news?id=47333 The state transport corporation reported accumulated losses of Rs 10,324 crore by end of 2023-24 and an unaudited loss for the next year; its 45 year financial review shows profit in only eight years and a recent trend of deepening cumulative deficits. The white paper also records operational downsizing, with employees reduced from over 100,000 to 87,000 and the fleet from 18,500 to 14,500 buses, reflecting sustained financial and operational contraction. en-us Mon, 23 Jun 2025 16:16:03 +0530 Mon, 23 Jun 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47333 The state transport corporation reported accumulated losses of Rs 10,324 crore by end of 2023-24 and an unaudited loss for the next year; its 45 year financial review shows profit in only eight years and a recent trend of deepening cumulative deficits. The white paper also records operational downsizing, with employees reduced from over 100,000 to 87,000 and the fleet from 18,500 to 14,500 buses, reflecting sustained financial and operational contraction. News - Mon, 23 Jun 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=47333