Indian Railways shows ‘positive growth’

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Indian Railways has shown ‘positive growth’ in terms of revenue in the first half of the current financial year.

Indian Railways reported earnings of Rs 48947.17 crore from April to September 2011, a 10.4% increase on last year.

Both the freight and passenger sectors saw an increase of over 10%.

Freight earnings went up to Rs 32439.00 crore from April to September 2011 from Rs 29448.55 crore during April to September 2010, an increase of 10.15%.

Passenger revenue earnings during the first six months of the financial year totalled Rs 14017.69 crore, compared to Rs 12688.79 crore during the same period last year, an increase of 10.47%.

There was also an increase in total number of passengers booked to travel between April – September 2011. An increase of 5.47% was reported, with passenger numbers at 4120.75 million, compared to 3906.95 million during the same period last year.

In the suburban and non-suburban sectors, the number of passengers booked went up by 4.22% and 6.77% respectively to 2073.18 million and 2047.57 million.

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