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 |
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.
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]
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