Indian Railways transports 290 MT freight in Q1 FY 2018, Revenue grew by 10%

Posted by Daily Shipping Times on 17-07-2017        Tweet

NEW DELHI: The railways transported almost 290 million tonnes of freight between April and June, making INR 28,000 crore compared with INR 25,000 crore a year earlier.

The remaining revenue came from non-fare segments.

A revenue target of INR 1.89 lakh crore has been set for the current financial year, of which INR 1.18 lakh crore is expected from freight, almost INR 52,000 crore from the passenger segment and the remainder from non-fare sectors.

The official added that “The freight loading increases in the period between December and March. We’re hoping to meet the targets for the year.”