Financial Daily from THE HINDU group of publications Thursday, Dec 23, 2004 |
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Logistics
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Railways Railways freight revenue rises 9 pc Our Bureau
New Delhi , Dec. 22 THE Railways earned Rs 19,355.47 crore from 384.70 million tonnes (mt) of revenue freight during the first eight months of the current fiscal ended November. This is up 8.92 per cent compared to Rs 17,770.64 crore from 358.27 mt of such traffic during the corresponding period last year. Of the total earnings, Rs 8,135.02 crore were accounted for by coal transportation, followed by Rs 748.77 crore from raw material to steel plants, Rs 958.13 crore from finished iron and steel from steel plants, Rs 917.18 crore from iron ore for exports, Rs 1,582.72 crore from cement, Rs 2,107.79 crore from foodgrains and Rs 864.48 crore from fertilisers. The Railways also earned Rs 1,783.41 crore by transporting 20.76 mt of petroleum oil and lubricant and Rs 2,257.97 crore from 45.40 mt of other goods, informed an official release. Earnings per million tonnes increased from Rs 49.50 crore to Rs 50.31 crore, registering an increase of 1.44 per cent. Earnings in paise per net tonnes km went up from 72.42 paise to 73.18 paise, an increase of 1.05 per cent, a Railway Ministry spokesperson said.
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