2025 Fiscal Year GMS: KAI Reports IDR 2.28 Trillion Profit, Operating Cash Flow Reaches IDR 7.15 Trillion

PT Kereta Api Indonesia (Persero) reported positive consolidated financial performance throughout the 2025 Fiscal Year. In the performance presented at the General Meeting of Shareholders (GMS) for the 2025 Fiscal Year, KAI Group recorded a profit for the year of IDR 2.28 trillion, an increase of 2.77% compared to IDR 2.22 trillion in 2024.

Vice President Corporate Communication KAI Anne Purba stated that this achievement is significant as the company’s financial health is directly related to KAI’s ability to maintain services used by the public on a daily basis.

“A healthy financial performance provides KAI with stronger capacity to ensure travel safety, maintain rolling stock, guarantee operational readiness, and improve service quality. For customers, this means that train travel can continue to be relied upon for work, education, business, tourism, as well as visiting family,” said Anne.

Throughout 2025, the scale of KAI Group’s services remained substantial. The company served 503,549,740 customers and transported 69,791,691 tons of goods. Behind these figures, railways play a role in many aspects of public needs, ranging from daily mobility in urban areas, intercity travel, to logistics distribution that supports economic activities across various regions.

In terms of revenue, KAI Group recorded consolidated revenue of IDR 35.76 trillion in 2025. This figure remained relatively stable compared to IDR 36.11 trillion in 2024. At the same time, KAI Group’s operating profit increased by 10.35% to IDR 8.39 trillion from IDR 7.60 trillion previously.

Anne explained that the increase in operating profit indicates that KAI has managed the company more efficiently. Cost of revenue was recorded at IDR 23.02 trillion, lower than IDR 23.27 trillion in 2024. Operating expenses also decreased from IDR 5.23 trillion in 2024 to IDR 4.35 trillion in 2025. With this management approach, KAI Group’s profit before tax rose by 12.20% to IDR 3.71 trillion.

“Efficiency at KAI is directed so that its benefits return to customers. Effective cost management helps the company maintain punctuality, comfort at stations and during travel, readiness of rolling stock, as well as the maintenance of facilities that support customer experience,” Anne stated.

KAI Group’s cash performance also strengthened. Net cash flow from operating activities reached IDR 7.15 trillion, up 36.43% compared to IDR 5.24 trillion in 2024. Cash receipts from customers amounted to IDR 28.59 trillion, growing 12.68% from IDR 25.37 trillion in the previous year. Cash and cash equivalents at the end of 2025 also increased by 37.22% to IDR 6.76 trillion.

According to Anne, strong operating cash flow is one of the key foundations for service sustainability. In the railway business, maintaining service readiness requires significant and continuous expenditure, ranging from the maintenance of locomotives, trains, and wagons, to station facilities, service systems, and operational support across various regions.

In terms of financial position, KAI Group’s total assets reached IDR 105.43 trillion, an increase of 8.58% compared to IDR 97.10 trillion in 2024. Equity rose by 11.23% to IDR 39.29 trillion. Meanwhile, fixed assets increased by 26.84% to IDR 37.30 trillion, strengthening the company’s capacity to maintain the readiness of rolling stock, infrastructure, and supporting service facilities.

Anne emphasized that KAI views financial performance as part of the company’s responsibility in maintaining rail-based public services. The healthier the company, the stronger KAI’s ability to serve the public consistently, safely, and sustainably.

“For KAI, financial performance figures must ultimately translate into service. Every strengthening of the company must help customers obtain train services that are safe, comfortable, easily accessible, and relevant to public needs,” Anne conclude.

VP Corporate Communication KAI