Home breadcru News breadcru Logistics breadcru Indian Railways earns freight revenue of ₹96,000 cr in Apr-Oct 2023

Indian Railways earns freight revenue of ₹96,000 cr in Apr-Oct 2023

06 Nov '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

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.
Indian Railways hauled 887.25 metric tonnes (MT) of freight between April and October this year, an increase of 31.61 MT over the same period last year.

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.

ALCHEMPro News Desk (DS)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!