Indian Railways overall revenue grows by 38% YoY till August

12 Sep 2022 , 12:42 PM

Indian Railways overall revenue has grown by 38% till August 2022 over the corresponding period of last year. The overall revenue of Indian Railways at the end of August this year was around Rs 95,486 crore showing an increase of Rs 26,271 crore over the same period last year. The Ministry of Railways said that the revenue from passenger traffic was nearly Rs 25,276 crore, an increase of 116% over the corresponding period of last year. Passenger traffic also increased compared to last year in both the segments, reserved as well as unreserved. The growth from the long-distance reserved mail express trains has been sharper than the same in passenger and suburban trains. The other coaching revenue was Rs 2437.42 crore, an increase of Rs 811.82 crore (or 50%) over the corresponding period of last year. This growth is being fueled by robust growth in the parcel segment of Indian Railways, the ministry said in a statement. Powered by Capital Market – Live News