May18 , 2024

    Railways Freight Earnings Up 16% To Rs 1,08,593 Cr

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    The Indian Railways freight revenues increased by 16 per cent to Rs 1,08,593 crore in the current year vis-a-vis Rs 93,532 crore during last year till 06 December.

    Railways loaded 1002 million tons of freight in the current year. During this financial year, IR has registered an incremental loading of 76.3 MT with a growth rate of 8.25 per cent.

    Coal, the biggest commodity 48 per cent of railway transports, contributed 485 million tons in this 1000 MT mark as against 425 million tons during last FY, thus showing a 14.25 per cent improvement.

    Coal is also the biggest contributor to incremental volumes with 60 MT of incremental traffic in the period.

    The second biggest contributor to incremental volumes this year has been, the balance other goods segment (a basket of commodities like stone, ash, bauxite, metals, automobiles, Gypsum salt, salt etc) which has shown a 10 per cent improvement (83 MT in current FY as vis-à-vis 75 MT in last FY) in loading resulting in 19 per cent increase in revenue.

    The third biggest contributor to this growth has been the cement and clinker group, showing an 8 per cent improvement in volume (94.7 MT in the current FY vis-a-vis 87.7 MT in the last FY) followed by fertilisers which registered a growth of 13.9 per cent with incremental volumes of 4.7 MT.

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