Railways’earnings up by 7.83 percent in first half of fiscal
October 6th, 2010 - 6:01 pm ICT by IANSNew Delhi, Oct 6 (IANS) The Indian Railways Wednesday said it earned a revenue of Rs.44,323.70 crore in the first half of this fiscal, registering a growth of 7.83 percent over the corresponding period last fiscal when it had earned Rs.41,104.78 crore.
While the revenue by passenger movement went up by 9.64 percent, the earnings by freight movement rose by 6.57 percent. The earnings by miscellaneous activities rose by 10.10 percent, said a railway ministry statement.
Between April 1-Sep 30 this year, the railways earned a freight revenue of Rs.29,443.32 crore as compared to Rs.27,629.01 crore for the corresponding period last year.
Similarly, the railways’ earned a revenue of Rs.12,689.36 crore through passenger movement and Rs.1,234.89 crore thorough its miscellaneous activities during the first half of 2010-11 fiscal, compared to Rs.11,573.60 crore and Rs.1,121.64 crore on the two counts respectively.
The ministry statement the railways carried approximately 3,904.57 million passengers, compared to 3,683.53 million during the first six months of last year, registering a 6 percent increase in passenger movement.
- Eastern Railway earnings up 8.63 percent - Jun 15, 2011
- Eastern Railway earning up 3.31 percent - Mar 21, 2011
- Eastern Railway earnings rise by 3.51 percent - Feb 22, 2011
- Railways' first quarter revenue up 12.15 percent - Jul 18, 2011
- SE Railway's freight earnings rise - Jun 16, 2011
- East Coast Railway registers growth in freight loading - Jul 28, 2010
- Railways' freight earning up by 6.27 percent - Jan 25, 2011
- Konkan Railway revenue hit by mining scam: Official - Oct 12, 2011
- Tata Motors third quarter net profit up 40.47 percent - Feb 14, 2012
- Trivedi's rail fare hike rationale absurd: Trinamool MP - Mar 22, 2012
- South Eastern Railway earnings up 14.41 percent - Mar 31, 2011
- Funds remain main worry for expanding India's rail network - Feb 25, 2011
- Railways' first quarter earnings grew by over 7 percent - Jul 09, 2010
- Axis Bank's net profit up 25.18 percent - Oct 22, 2011
- Tata Motors Q2 consolidated net profit down 15.55 percent - Nov 14, 2011
Tags: april 1, crore, earnings, freight movement, indian railways, ministry statement, New Delhi, passenger movement, railway, six months