Travel in Delhi Metro might get costlier five months down the line with a Fare Fixation Committee appointed by the government expected to come out with its recommendations on fare hike by the middle of this year.
R-Infra in its argument had told the high court that it was losing upto Rs 85 lakh a day despite being used by nearly 250,000 commuters
At present, Mumbai Metro One Private Ltd (MMOPL) is offering a promotional fare of Rs 10 for all the destinations till July 9.
Mumbai Metro One to continue with discounted fares till Nov 30.
A Metro official said the fare revision has been "proposed sometime ago but no action has been taken till now.
The matter came up for hearing on Monday before a bench chaired by Justice R D Dhanuka.
The sixth metro station on the network became operational in April, completing the Phase I network.
The new fare structure which will come into effect from December 1.
MMOPL has already taken a decision to extend the fare slab of Rs 10 to Rs 40.
This is despite a 10 per cent rise in the average weekday ridership.