Delhi Metro Rail Corporation Limited (DMRC)
DMRC is the centre-state joint venture that builds and runs the Delhi Metro, held 50:50 by the Government of India and the Government of NCT of Delhi. It is a government company under the Companies Act, 2013 and is headquartered in New Delhi. On 8 March 2026, two Phase IV corridors were inaugurated, completing India's first operational 'ring metro'.
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 →DMRC is the centre-state joint venture that builds and runs the Delhi Metro, held 50:50 by the Government of India and the Government of NCT of Delhi. It is a government company under the Companies Act, 2013 and is headquartered in New Delhi. On 8 March 2026, two Phase IV corridors were inaugurated, completing India's first operational 'ring metro'.
What happened
DMRC is a 50:50 joint venture of the Government of India and the Government of NCT of Delhi; its secretarial audit records that 100% of paid-up capital is held by the two governments in equal proportion and that the company is a Government Company within the meaning of s.2(45) of the Companies Act, 2013. Its registered office is Metro Bhawan, Fire Brigade Lane, Barakhamba Road, New Delhi-110001 (DMRC 30th Annual Report, 2024-25).
For FY2024-25 DMRC reported revenue from operations of ₹7,338.97 crore and a net loss of ₹1,597.81 crore, after finance costs of ₹581.38 crore and depreciation and amortisation of ₹2,609.37 crore; the traffic-operations segment alone recorded an operating surplus of ₹412.79 crore. Paid-up equity rose to ₹24,128.49 crore as on 31 March 2025, allotted equally to GoI and GNCTD, and the Corporation employed 13,708 people (DMRC 30th Annual Report, 2024-25).
On 8 March 2026 the Prime Minister inaugurated two Phase IV corridors — the Majlis Park–Maujpur Babarpur section of the Pink Line (about 12.3 km) and the Deepali Chowk–Majlis Park section of the Magenta Line (about 9.9 km) — which completed the Pink Line's circular configuration. The same event saw foundation stones laid for three Phase V-A corridors.
As reported for 2024-25, DMRC operated about 394.25 km with 289 stations. It was executing roughly 110 km across six Phase IV corridors, and the three priority corridors were 63.28% physically complete as on 31 March 2025 (DMRC 30th Annual Report, 2024-25).
What we could not confirm
The exact incorporation date (3 May 1995) appears on DMRC's corporate web page, which rendered only as a script shell during this check; the 1995 incorporation is confirmed by the CIN shown in the annual report. DMRC is a joint-venture government company and is not classified in the DPE Public Enterprises Survey schedule, so no Schedule/Navratna status label applies. Phase IV completion figures are works-in-progress.