Indian Railways surpasses its FY22 revenue in nine months of FY23

Expects to end the year with earnings of Rs 2.35 trillion

Dhruvaksh Saha New Delhi

Official data shows, net tonne kilometres (NTKM), a metric used to show the distance travelled by freight trains, grew 12 per cent in the last 12 months.

With three months remaining in the current fiscal year, Indian Railways has already surpassed its total earnings of financial year 2021-22 (FY22), the railway ministry said on Friday. The national transporter has earned Rs 1.91 trillion so far in this fiscal year.
Union Railways Minister Ashwini Vaishnaw said on social media that revenue was “Rs 42,370 crore more” thus far this fiscal year with “71 days more to go”. The development comes less than two weeks ahead of the Union Budget, in which the Railways is expected to see a boost in allocation.
Though a break-up of the earnings was not available, it is estimated that about Rs 1.3 trillion was earned from the freight business, with approximately Rs 52,000-53,000 crore coming through passenger fare, and the rest through coaching, parcel services, and sundry receipts.

Also Read

Railways freight transport up 8% in July as it carries coal nationwide

Deliberations on draft telecom bill being conducted: Ashwini Vaishnaw

Port cargo traffic growth in November slows to 3% amid trade slowdown

Railways' freight revenue up 19% in Aug, Rs 66,658 cr earning during FY23

12 big telcos enquired about telecom stack, says Ashwini Vaishnaw

Google Play Store policies: CCI files caveat before Supreme Court

Spencer's Retail CEO and Managing Director Devendra Chawla resigns

Nod to Apple's Chinese suppliers may ring in jobs for Sriperumbudur

Bombay High Court rejects Rapido's plea over plying bike-taxi in Pune

India to benefit from US, China decoupling: Gautam Adani tells Davos summit

First Published: Jan 20 2023 | 7:45 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to