Andhra Pradesh State Road Transport Corporation (APSRTC)
The state's bus corporation, created under a 1950 Act of Parliament, running more than 11,000 buses from 129 depots. It lost about Rs 1,567 crore in 2023-24 on provisional figures. On 9 July 2026 the government denied reports that it was privatising APSRTC.
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →The state's bus corporation, created under a 1950 Act of Parliament, running more than 11,000 buses from 129 depots. It lost about Rs 1,567 crore in 2023-24 on provisional figures. On 9 July 2026 the government denied reports that it was privatising APSRTC.
What happened
APSRTC is a statutory corporation under the Road Transport Corporations Act, 1950. It traces its origins to June 1932, when it began as a wing of the Nizam State Railway, and says it runs from 129 depots and 423 bus stations, connecting 14,123 villages.
CARE Ratings' March 2025 rationale reports provisional figures of Rs 7,175.71 crore in total operating income and a loss after tax of Rs 1,566.76 crore for 2023-24, after a loss of Rs 1,770.80 crore in 2022-23, and a fleet of 11,216 buses. Its organisation chart listed 47,687 staff on 1 July 2024.
On 9 July 2026 the state's Special Chief Secretary (Transport) dismissed reports of APSRTC's privatisation as false, saying the induction of electric buses under the Centre's PM e-Bus Sewa scheme 'does not involve the transfer of RTC assets or services to private entities', The Hindu reported.
What we could not confirm
The 2023-24 figures are provisional, from a credit-rating rationale; audited accounts were not found online.