Indian Railways Makes ‘Remarkable Turnaround’ of 13.5% in Freight Revenue Earnings Compared to Sept 2019

The Indian Railways said Thursday it has made a “remarkable turnaround” of 13.54 per cent in its freight revenue earnings in September this year when compared to the same month last year despite coronavirus-related challenges. It said freight loading increased to 102.12 million tonnes in September this year from 88.53 million tonnes in the same month last year, a jump of 15.35 per cent.

Resultantly, the Railways earned Rs 9,896.86 crore in September this year, an increase of Rs 1,180.57 crore compared to last year’s earnings for the same month. The increase in freight revenue is 13.54 per cent, it said. “In a remarkable turnaround, Indian Railways has earned more revenue in the month of September as compared to last year in spite of covid related challenges. Covid-19 has been used by Railways an opportunity to improve all round efficiencies and performances, it added in a statement.