1. Home
  2. Infrastructure Transport
  3. RAILWAYS & METRO RAIL
  4. Indian Railways Has 4% Revenue Growth, Plans Freight Rate Adjustments
Indian Railways Has 4% Revenue Growth, Plans Freight Rate Adjustments
RAILWAYS & METRO RAIL

Indian Railways Has 4% Revenue Growth, Plans Freight Rate Adjustments

16 Jan 2025 2 Min Read CW Team
Indian Railways has earned Rs 2.04 trillion so far this fiscal year, surpassing last year's earnings for the same period by 4%. This includes Rs 589.27 billion from coaching, Rs 1.33 trillion from goods, and Rs 74.42 billion from sundry sources such as parking, catering, and advertisements. Additionally, Rs 52.78 billion was earned under the "other coaching" category, which covers parcels, luggage, and wharfage charges. The national transporter recorded Rs 100.09 billion in revenue during the first fortnight of January. A senior official revealed that Indian Railways is considering adjustments to freight rates to further boost volumes, with the aim of increasing earnings by rationalising fares on certain commodities. The primary driver of the revenue increase was a 2% rise in freight loading, which reached nearly 1.18 billion tonnes between April and December 2024. Passenger services also saw growth, with a 3% increase in the number of mail, express, and other train services, reaching a record 2.07 million runs. Additionally, the frequency of special trains during peak demand periods surged by 54% year-on-year, totalling 57,169 runs. To sustain this growth, the railways will introduce a new timetable that includes 62 special trains on popular routes, along with 74 new services and 34 pairs of Vande Bharat trains. Indian Railways is targeting an operating ratio of 98.22% by the end of this fiscal year, which would generate a net revenue of Rs 28 billion, earmarked for reinvestment in the Development Fund and Rashtriya Rail Sanraksha Kosh (RRSK). (ET)

Indian Railways has earned Rs 2.04 trillion so far this fiscal year, surpassing last year's earnings for the same period by 4%. This includes Rs 589.27 billion from coaching, Rs 1.33 trillion from goods, and Rs 74.42 billion from sundry sources such as parking, catering, and advertisements. Additionally, Rs 52.78 billion was earned under the other coaching category, which covers parcels, luggage, and wharfage charges. The national transporter recorded Rs 100.09 billion in revenue during the first fortnight of January. A senior official revealed that Indian Railways is considering adjustments to freight rates to further boost volumes, with the aim of increasing earnings by rationalising fares on certain commodities. The primary driver of the revenue increase was a 2% rise in freight loading, which reached nearly 1.18 billion tonnes between April and December 2024. Passenger services also saw growth, with a 3% increase in the number of mail, express, and other train services, reaching a record 2.07 million runs. Additionally, the frequency of special trains during peak demand periods surged by 54% year-on-year, totalling 57,169 runs. To sustain this growth, the railways will introduce a new timetable that includes 62 special trains on popular routes, along with 74 new services and 34 pairs of Vande Bharat trains. Indian Railways is targeting an operating ratio of 98.22% by the end of this fiscal year, which would generate a net revenue of Rs 28 billion, earmarked for reinvestment in the Development Fund and Rashtriya Rail Sanraksha Kosh (RRSK). (ET)

Next Story
Resources
23 Jan 2025

Master Builders Solutions Forges Path into India Market with MBT-Construction Chemicals

Master Builders Solutions, a global leader in innovative concrete admixtures and solutions for the construction industry, announces its strategic expansion into the dynamic Indian market. Leveraging its expertise and advanced solutions, Master Builders Solutions aims to address the growing demand for sustainable, high-performance construction materials across various sectors in India. The move into India represents a significant milestone for Master Builders Solutions, aligning with its commitment to delivering cutting-edge solutions worldwide. With a rapidly evolving construction landscape in..

Read More
Next Story
Resources
23 Jan 2025

TrucksUp collaborates with AU Small Finance Bank to empower aspiring buyers and small fleet owners

TrucksUp has announced a strategic partnership with AU Small Finance Bank Ltd to offer economic, easy and hassle-free financing solutions for used trucks focusing on driver and transport business community. This partnership tactically aims to support small fleet owners in India by providing low EMI loans at competitive interest rates. Their target audience can also benefit from refinancing options on existing trucks and avail of top-up loans to meet their financial needs. This is making the access to capital needs for truck drivers’ community easy to grow and scale their business. This colla..

Read More
Next Story
Resources
23 Jan 2025

Build Capital to Invest Rs 1.5 billion in Navi Mumbai’s RE Market in 2025

Build Capital, an innovative early-stage real estate fund, has completed its maiden investment in the Navi Mumbai market. This investment in Satyam Group’s project is part of Build’s strategy to become a preferred partner in early – stage real estate financing in Mumbai Metropolitan Region (MMR).Build Capital has further announced that it plans to invest close to Rs 1.5 billion (bn) in the Navi Mumbai market out of its total target investments of Rs. 4 bn for the year 2025. Kuldeep Jain, CEO and Co-Founder, Build Capital said, “We are plugging the existing gaps of early-stage financing..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

Tata Projects Sees Order Intake Doubling To Over Rs 200 Bn In FY25
ECONOMY & POLICY
23 Jan 2025

Tata Projects Sees Order Intake Doubling To Over Rs 200 Bn In FY25

Blue Energy Motors Signs Rs 35 Bn Mou with Maharashtra
POWER & RENEWABLE ENERGY
23 Jan 2025

Blue Energy Motors Signs Rs 35 Bn Mou with Maharashtra

Global Solar Sector Funding Falls 24% to $26.3 Billion: Report
POWER & RENEWABLE ENERGY
23 Jan 2025

Global Solar Sector Funding Falls 24% to $26.3 Billion: Report

Avaada Group Receives Financial Commitments worth For 9 Projects
ECONOMY & POLICY
23 Jan 2025

Avaada Group Receives Financial Commitments worth For 9 Projects

Hyundai Localises Over 1.2k Parts & EV Battery Packs
ECONOMY & POLICY
23 Jan 2025

Hyundai Localises Over 1.2k Parts & EV Battery Packs

Tata Elxsi Joins Hands with Minespider for Battery Platform
POWER & RENEWABLE ENERGY
23 Jan 2025

Tata Elxsi Joins Hands with Minespider for Battery Platform

HMDA Plans to Raise Rs 200 Bn For Infrastructure Projects In Hyderabad
ECONOMY & POLICY
23 Jan 2025

HMDA Plans to Raise Rs 200 Bn For Infrastructure Projects In Hyderabad

Maharashtra Government to Revise Ready Reckoner Rates in Next Fiscal
Real Estate
23 Jan 2025

Maharashtra Government to Revise Ready Reckoner Rates in Next Fiscal

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000