weather_iconDublin | 11.34 °C | AQI 25
Thursday, 26 December, 2024

---Advertisement---

Business

Revenue of Indian Railways up 38% to Rs 95,486.58 cr until August-end

New Delhi: Indian Railways reported overall income of Rs 95,486.58 crore at the end of August 2022, up Rs 26,271.29 crore or 38% over the same period the previous year, according to an official statement released on Sunday. The amount collected from passenger traffic was Rs 25,276.54 crore, up Rs 13,574.44 crore (116%) from the […]

New Delhi: Indian Railways reported overall income of Rs 95,486.58 crore at the end of August 2022, up Rs 26,271.29 crore or 38% over the same period the previous year, according to an official statement released on Sunday.

The amount collected from passenger traffic was Rs 25,276.54 crore, up Rs 13,574.44 crore (116%) from the previous year.

---Advertisement---

The volume of passengers in both the reserved and unreserved sectors grew in comparison to the previous year. According to the Railways, growth in long-distance reserved mail express trains has been more rapid than in passenger and suburban trains.

Also Read :-Blind adoption of new fintechs without proper understanding could have adverse affect: RBI ED

---Advertisement---

The revenue from other coaching was Rs 2,437.42 crore, up Rs 811.82 crore (or 50%) over the same period last year.

According to the statement, this is being fueled by Indian Railways’ strong development in its parcel business.

Up till the end of August this year, goods revenue increased by Rs 10,780.03 crore (or 20%) to Rs 65,505.02 crore.

This has been accomplished through increased loading of more than 58 MT throughout the time and an increase in net tonne-kilometers (NTKMs) of 18%. Along with the transportation of coal, other significant contributors to this development include food grains, fertiliser, cement, mineral oil, container traffic, and the balance of other commodities divisions.

Also Read :-Despite oil prices at 7-month low, no change in petrol and diesel prices in India

The total revenue from all sources was Rs 2,267.60 crore, up Rs 1105 crore or 95% over the same time the previous year, it continued.

The total revenue generated by the railways during the previous fiscal year (2021–2022) was Rs. 1,91,278.29 crore.

Read More :- Latest Business News

Click Here – Download The News 24 App

HISTORY

Written By

Vikas Kumar

Updated By

Manish Shukla

Related Story

Live News

---Advertisement---


live

Latest LIVE News Trending Today, Real Time Updates: 20 Trains Delayed To Delhi Due To Dense Fog Conditions

Dec 25, 2024
Latest LIVE News Trending Today, Real Time Updates
  • 12:19 (IST) 25 Dec 2024

    Andhra Pradesh: Fog Engulfs Tirumala Temple This Morning

  • 09:21 (IST) 25 Dec 2024

    PM Modi Wishes A Merry Christmas, Emphasizes Teachings Of Lord Jesus Christ For Peace & Prosperity

  • 08:46 (IST) 25 Dec 2024

    Rajasthan: Rescue Operation Underway For 3.5-Year-Old Girl Fallen Into Borewell In Kotputli

N24 Shorts Logo

SHORTS

Sports

Heinrich Klaasen’s Net Worth: IPL’s Highest Retained Star – Salary, Stats & Personal Life Revealed!

Heinrich Klaasen is a skillful cricketer known for his adeptness as a wicket-keeper and a swashbuckling batter. Let's see Klaasen's Net Worth, Salary, Stats, and More.

View All Shorts

---Advertisement---

Trending