Railways bounces back, posts all time high revenues.

[Robinhood Pandey]

The Indian Railways is estimated to have posted an all-time high revenue of Rs 1.68 lakh crore in the just-ended fiscal year, powered by its focus on boosting freight traffic and innovative steps on passenger fares.

The national transporter hauled 1.107 billion tonnes of cargo in the year ended March 31, surpassing its most recent target of 1.094 billion tonnes for fiscal 2017.

Railways minister Suresh Prabhu said his aim for this fiscal year is to do 1.2 billion tonnes ..
"We have put in place the necessary infrastructure. There's availability of rakes and demand from various commodities is already seeing an uptick," the minister said. "The various freight reforms we introduced in last fiscal will show a major impact now."

The Railway Board's member-traffic, Mohd Jamshed, said the railways lost business to carry almost 20 million tonnes (MT) of coal last fiscal year due to weak demand for the dry fuel, but made up for that by transporting more iron o ..




http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst



Kaha hain achhe din ?????

 

[Ashesh]

Prabhu Ki Kirpa Hai! #Railwayskeacchedin

 

[$@rJen]

Great news... Lets add some high speed rail.. Its time they bring back the high speed connectivity between chennai and bangalore

 

[Indika]

Wait for the audit before celebrating, even air india did the same but was found to be losing money.

 

[Tshering22]

The Indian Railways is estimated to have posted an all-time high revenue of Rs 1.68 lakh crore in the just-ended fiscal year, powered by its focus on boosting freight traffic and innovative steps on passenger fares.

The national transporter hauled 1.107 billion tonnes of cargo in the year ended March 31, surpassing its most recent target of 1.094 billion tonnes for fiscal 2017.

Railways minister Suresh Prabhu said his aim for this fiscal year is to do 1.2 billion tonnes ..
"We have put in place the necessary infrastructure. There's availability of rakes and demand from various commodities is already seeing an uptick," the minister said. "The various freight reforms we introduced in last fiscal will show a major impact now."

The Railway Board's member-traffic, Mohd Jamshed, said the railways lost business to carry almost 20 million tonnes (MT) of coal last fiscal year due to weak demand for the dry fuel, but made up for that by transporting more iron o ..




http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst



Kaha hain achhe din ?????

Nice to see the increase in revenues, but what is their profit after taxes, interest expenses, depreciation and amortisation?

That's where the devil hides.

Although the way they have raised the fares means that they can be profitable.

 

[SoulSpokesman]

They need to boost non-fare/freight revenues and work on safety issues.

There are other long-term challenges. The nature of economy is changing and it may not be material intensive at all. For instance, it is possible that RE cud substantially become cheaper and cut into thermal power's share. In that case coal- the bulk of freight load- could be severely impacted.

Regards

 

[kvpak]

Most revenue comes froim Tamilnadu and Karnataka,

Tamil Nadu revenues are slighting dipping because of ticketless travel by migrant Hindia-ans.

The largest circulation paper in India in 2014m Thinathanthi, reported that ticketless travel increased multifold because of migrants bringing their cusom in north of traveling without tickets.

 

[GodToons]

Bas mata rani ki or Prabhu ki kripa aati rahe

 

[Roybot]

Most revenue comes froim Tamilnadu and Karnataka,

Tamil Nadu revenues are slighting dipping because of ticketless travel by migrant Hindia-ans.

The largest circulation paper in India in 2014m Thinathanthi, reported that ticketless travel increased multifold because of migrants bringing their cusom in north of traveling without tickets.

Nice try faker. Firstly revenue is not calculated state wise, rather zone wise, and secondly 70% of the railway revenue is generated by freight traffic and not passenger traffic. North Central and West Central are the most profitable zones of the Indian railways.

0/10 for knowledge.

0/10 for trying to be a Tamil

0/10 for trying to be an Indian.

 

[Srinivas]

Nice try faker. Firstly revenue is not calculated state wise, rather zone wise, and secondly 70% of the railway revenue is generated by freight traffic and not passenger traffic. North Central and West Central are the most profitable zones of the Indian railways.

View attachment 388626

0/10 for knowledge.

0/10 for trying to be a Tamil

0/10 for trying to be an Indian.

0/10 for his propaganda against India .

 

[kvpak]

0/10 for trying to be an Indian.

I am not an Indian. I am a Tamil Nadan.

Firstly revenue is not calculated state wise, rather zone wise, and secondly 70% of the railway revenue is generated by freight traffic and not passenger traffic. North Central and West Central are the most profitable zones of the Indian railways.

Your data is 5 years old from 20112. Post recent revenues.

I never said passenger traffic generates more than goods traffic.

 

[Roybot]

I am not an Indian. I am a Tamil Nadan.



Your data is 5 years old from 20112. Post recent revenues.

I never said passenger traffic generates more than goods traffic.

Yes you are a Tamil who can't read Tamil

Central and the Western zones are the most profitable zones of the Indian railways, year in year out. Learn to google and dig out the latest data.

 

[Fireurimagination]

Increase in revenue is good but it should be complemented with decrease in expenditure. If there is a 10% increase in revenues and 20% increase in expenditure then it will make no sense. Increase in revenue is good but profitability is what matters at the end of day.

 

[danger007]

Wait for the audit before celebrating, even air india did the same but was found to be losing money.

no of train accident per year also touching high... frequent rail accident.

Nice try faker. Firstly revenue is not calculated state wise, rather zone wise, and secondly 70% of the railway revenue is generated by freight traffic and not passenger traffic. North Central and West Central are the most profitable zones of the Indian railways.

View attachment 388626

0/10 for knowledge.

0/10 for trying to be a Tamil

0/10 for trying to be an Indian.

False flagger... he is thinking Tamils are against India... i hope he say something against India in TN and check the response.

 

[James-bond]

Indian Railway is actually for service/connecting India and not for profit making... any how Modi govt forced to show some profits so that sickulars/presstitutes stop barking on future super fast lines.

I think Modi want to build quadrilateral Super-fast railway lines parallel to road so that we connect 80% Trade/business routes in India.