Kenya Railways Corporation (KRC) reported a widening net loss of Sh28.16 billion for the fiscal year ending June 2025, up from Sh27.68 billion the previous year. Despite this overall deficit, the Standard Gauge Railway (SGR) achieved a significant milestone by posting its first surplus of Sh181.7 million since its 2017 commissioning. This turnaround was driven by Sh18.5 billion in revenues from increased freight and passenger volumes. Conversely, the Metre Gauge Railway (MGR) continued to struggle, with revenues dropping to Sh2.2 billion and losses stabilizing at Sh2.1 billion. Total KRC revenues rose to Sh30.3 billion, bolstered by increased exchequer grants and land asset income. To drive future profitability, KRC is focusing on SGR growth, including a planned line extension from Syokimau to the Nairobi CBD to meet rising passenger demand.