ADVERTISEMENT

BEST repays debt worth ₹531.55 crore

Published - August 23, 2019 01:43 am IST - Mumbai

The BEST Undertaking on Thursday said it had received ₹665.31 crore from the BMC, of which around ₹1,200 crore had gone towards repaying its debt.

ADVERTISEMENT

BEST officials said ₹531.55 crore was utilised to repay loans, while the rest was used for working capital requirements. They said the repayment had led to savings of ₹52.63 crore in interest payments towards the loans.

This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
This is your last free article.

ADVERTISEMENT

ADVERTISEMENT