Konkan Railway celebrates 37th foundation day

The Konkan Railway Corporation Ltd. (KRCL) celebrated its 37th foundation day on Thursday at Navi Mumbai.

Chairing the celebrations, KRCL chairman and MD Santoh Kumar Jha said the corporation posted a net profit of ₹199.63 crore in 2025-26 as against the net profit of ₹137.69 crore posted in 2024-25. Over the past two-and-a-half years, Konkan Railway secured new projects worth ₹20,059 crore, with projects worth ₹23,552 crore under execution, he said.

To enhance passenger amenities, Mr. Jha said ₹20.77 crore was allocated for FY 2026-27, with approximately ₹105 crore planned over the next five years. Key initiatives include provisions for Lifts, Escalator, High-level Platforms and Platform Extensions, Tactile Tiles, AC lounges at various stations and upgraded Ticketing facilities, including UPI payment options at all Passenger Reservation System counters. Infrastructure safety was strengthened through structural audits of all foot over bridges (FOBs) and repairs to 21 FOBs.

KRCL targets to load against an annual target of 2.6 million tonnes. Ticket-checking revenue stood at ₹15.04 crore, including ₹6.23 crore recovered through special ticket-checking drives. KRCL is developing a container siding and Cold storage at Ratnagiri. KRCL is planning cold-chain facilities at Khed, Chiplun, Sindhudurg, Kudal, Zarap, Murdeshwar, and Manki stations, Silo facilities at Verna, Indapur and Ratnagiri, and warehouses at Khed, Chiplun, Ratnagiri and Zarap stations in the coming year, Mr. Jha said.

The corporation secured a five-year contract worth ₹249 crore for the operation and maintenance of Rolling Stock Component Factory (RSCF), Lote, in Ratnagiri district, where the manufacturing and overhauling of LHB bogies commenced on September 24.

Mr. Jha said KRCL would shortly start metro construction works in the Democratic Republic of the Congo and is participating in the bridge tender for rehabilitation and construction projects in Sri Lanka. KRCL is also bidding for metro projects and other construction projects overseas.