Central Railway records Gross Revenue of Rs 8568.41 cr for April-Sep 2023

Key Takeaways

  • Central Railway posted a record gross revenue of Rs 8568.41 cr for Apr‑Sep 2023.
  • Freight revenue grew 6.73% to Rs 609.50 cr, while passenger revenue rose 8.84% to Rs 574.43 cr.
  • The decline in Sundry Revenue (-10.17%) was offset by strong performance in core services.

Mumbai: The Central Railway has shown its best performance in commercial revenue this financial year.

During the first six months of the current financial year, from April to September 2023–24, Central Railway has registered revenue of Rs 8568.41 crore as against revenue of Rs 7395.18 crore, which is 15.86 percent more compared to the same period.

During September 2023, Central Railway registered freight revenue of Rs 609.50 crore as against revenue of Rs 571.05 crore, which is 6.73 percent more compared to the same period, said an official release.

During September 2023, Central Railway registered passenger revenue of Rs. 574.43 crore as against revenue of Rs. 527.78 crore, which is 8.84% more compared to the same period.

During September 2023, other coaching revenue was Rs 65.06 crore as against revenue of Rs 63.71 crore, which is 2.12% more compared to the same period (other coaching revenue means parcel revenue and others).

During the September-2023 period, Sundry Revenue was Rs 33.31 crore as against revenue of Rs 37.08 crore, which is -10.17 percent less compared to the same period. Sundry earnings mean revenue from Non-Fare Revenue, (NFR), Parking, Catering, Retiring rooms etc.

The increase in revenue is attributed to the various initiatives taken by Central Railway, such as the setting up of Business Development Units (BDUs) in divisions and various non-fare revenue initiatives at the headquarters office for intensive marketing and other similar innovative ideas to boost earnings, it added.

Hot this week

Could Oil Turn Somaliland into a Prosperous African Nation?

Key TakeawaysSomaliland's oil reserves hold the key to the...

35 pieces of Shraddha’s body

Love is a powerful emotion. Love inspires you to...

The ‘Thai’ Touch in India

Thai Massage Parlours in the most populous cities across...

‘Justice for Bhavyasri’ trends on social media, seeks fairness for 17-year-old

Key TakeawaysThe #JusticeForBhavyasri campaign gained momentum on social media...

The world is raving about Saudi Arabia’s rave party

I always thought that rave parties were the prerogative...

People of India Will Rise Against Anarchy

There comes a moment in the history of every...

The Peptide Economy: When the Pursuit of a Better Body Outruns Ethics

A 35-year-old Mumbai actor wanted a better body. His...

Mentoring and lessons of a lifetime – Dr APJ Abdul Kalam

As the country moves ahead towards making India “Viksit...

Rahul Gandhi, You Have Made the Biggest Mistake of Your Political Career

Rahul Gandhi, political disagreements are part of democracy. They...

India and the Colour Revolution Trap

A Colour Revolution does not necessarily begin with a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img