Railways has earned Rs 1059.05 billion from freight loading till Nov'22
RAILWAYS & METRO RAIL

Railways has earned Rs 1059.05 billion from freight loading till Nov'22

In mission mode, Indian Railways' freight loading and earnings for the first eight months of this fiscal year 2022–23 exceeded those for the same period the previous year.

On a cumulative basis from April to November 22, 978.72 MT of freight were loaded as opposed to 903.16 MT during the same time the previous year, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1059.05 billion as opposed to Rs 911.27 billion, a 16% increase.

Originating freight loading reached 123.9 MT on November 22 as opposed to 116.96 MT on November 21. This represents an improvement of 5% from the previous year. In comparison to the Rs 122.06 billion in freight earnings on October 21, Rs 135.60 billion in freight revenue was realised, representing an improvement of 11% from the previous year.

Following the mantra "Hungry For Cargo," IR has consistently worked to make it easier to do business and to supply services at affordable costs, which has led to an increase in both traditional and non-traditional commodities streams using railways. Railways was able to achieve this historic feat because to the business development units' customer-centric strategy and hard effort, which was supported by agile policies.

Also read:
Fiscal viability no longer sole criterion for rail projects
KYeshwantpur Railway Station upgradation to start

In mission mode, Indian Railways' freight loading and earnings for the first eight months of this fiscal year 2022–23 exceeded those for the same period the previous year. On a cumulative basis from April to November 22, 978.72 MT of freight were loaded as opposed to 903.16 MT during the same time the previous year, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1059.05 billion as opposed to Rs 911.27 billion, a 16% increase. Originating freight loading reached 123.9 MT on November 22 as opposed to 116.96 MT on November 21. This represents an improvement of 5% from the previous year. In comparison to the Rs 122.06 billion in freight earnings on October 21, Rs 135.60 billion in freight revenue was realised, representing an improvement of 11% from the previous year. Following the mantra Hungry For Cargo, IR has consistently worked to make it easier to do business and to supply services at affordable costs, which has led to an increase in both traditional and non-traditional commodities streams using railways. Railways was able to achieve this historic feat because to the business development units' customer-centric strategy and hard effort, which was supported by agile policies. Also read: Fiscal viability no longer sole criterion for rail projects KYeshwantpur Railway Station upgradation to start

Next Story
Resources

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Score™ platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?