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

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