Railways Earnings Rise 4%, Capex 2% in 9 Months of FY25

02 Jan 2025 CW Team

The Indian Railways has registered a 4% rise in earnings, and 2% higher capital expenditure in the first nine-months of the current financial year. According to official estimates, total capital expenditure stood at Rs 1.92 trillion , while freight earnings at Rs 1.26 trillion during the comparable months of last financial year. Earnings from passenger business also reported a 6% rise to Rs 559.88 billion. "Total revenue of the Indian Railways stood at Rs 1.93 trillion in the first nine months of the current fiscal. This is Rs 76.74 billion higher than topline last year," The bulk of these earnings are from increased freight loading that stood 2% higher at 1,179 million tonnes during the period under review. There was a 3% rise in the total number of mail, express, passenger, and other trains with over 2.07 million services run. "This is an all-time record. Last year we ran 2.02 million trains services during the same period," the official said. The number of special train services (run when demand is high) also stood 54% up at 57,169 during this fiscal. To ensure that this momentum is continued, the national transporter has decided to introduce a new timetable which - in a first - has 62 Special Trains pre-included on popular routes. Besides, 74 new services including 34 pairs of Vande Bharat trains have been included in the new timetable.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..