Indian Railways earns freight revenue of ₹96,000 cr in Apr-Oct 2023
06 Nov 23 1 min read
Insights
- Indian Railways hauled 887.25 metric tonnes (MT) of freight between April and October, a rise of 31.61 MT year on year (YoY).
- Its freight revenue was ₹95,929.30 crore during the period as against ₹92,345.27 crore in the same period last year—a rise of ₹3,584.03 crore.
- Freight revenue worth ₹14,231.05 crore was earned in October—a rise of 6.57 per cent YoY.
The national transporter earned ₹95,929.30 crore as freight revenue during the period as against ₹92,345.27 crore in the same period last year—an improvement of nearly ₹3,584.03 crore, the department said in an official statement.
During October, an originating freight loading of 129.03 MT was achieved as against 118.95 MT in October 2022—a rise of nearly 8.47 per cent.
Freight revenue worth ₹14,231.05 crore was earned in October this year as against ₹13,353.81 crore in the same month last year—an increase of about 6.57 per cent.
The overall gross revenue of the Indian Railways in fiscal 2022-23 was ₹2,39,803 crore, a substantial increase from ₹1,91,278 crore in the previous fiscal.
Fibre2Fashion News Desk (DS)
Popular News
|
UK concludes tax agreement with Peru, ratifies deal to join CPTPP |
|
Italy’s consumer confidence index up from 95.2 to 96.4 in May: Istat |
|
China's fabric exports rise in Q1 2024; Vietnam leads as top market |
|
US’ Dick's Sporting Goods’ net sales rise 6.2% to $3.02 bn in Q1 FY24 |
|
US retailer Ross Stores posts net earnings of $488 mn in Q1 |
|
Euro area inflation expectations hit lowest since 2021: ECB survey |