Indian Railways records strong first quarter

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Indian Railways has recorded a 20.73 per cent spike in revenue for the first quarter of the 2012-13 financial year.

During the period, railways earned close to $6 billion, compared to close to $5 billion earned during the same quarter last year.

The total freight earnings recorded a 26 per cent growth at more than $4 billion, compared to $3 billion in the same period last year.

Revenue from passengers during first three months of the financial year 2012-13 was more than $1.5 billion – an increase of 9.16 per cent on last year.

The revenue earnings from other coaching amounted to $151 million during April-June 2012, compared to $139 million during the same period last year, posting a growth of 8.94 per cent.

The approximate number of passengers booked during April-June 2012 stood at 2,131.05 million, compared to 2,028 million during the same period last year, showing an increase of 5.08 per cent.

In the suburban and non-suburban sectors, the numbers of passengers booked during April-June 2012 was recorded at 1,074.81 million and 1,056.24 million, an increase on last year’s figures of 1046.31 million and 981.69 million recorded during the same period last year.

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