South Eastern Railway earnings up 6% in Apr-Dec on higher iron ore

Our Bureau Updated - March 12, 2018 at 05:08 PM.

A significant growth in iron ore loading has helped South Eastern Railway (SER) register nearly 6 per cent growth in earnings from freight traffic during the first nine months of this fiscal.

According to a spokesperson, SER loaded 50.33 million tonnes of iron ore (main commodity) between April and December 2012, as against 46.85 mt during the same period last fiscal, thereby registering a growth of 7.43 per cent.

As a result, SER posted nearly 6 per cent increase in freight earnings to Rs 6,397.94 crore during the period, as against Rs 6,040.84 crore in the year-ago period, the spokesperson added.

In all, SER loaded 92.16 mt of freight between April and December 2012, as against 88.14 mt during the same period last fiscal.

SER reported a positive growth in loading of coal, other raw materials to steel plants, pig iron and finished steel, cement, food grains and fertilisers, the spokesperson said.

Published on January 13, 2013 15:16