Indian Railways rakes in record revenue of ₹2.4 lakh cr in 2023-24

India Railways has crossed the 1,500 m tonnes freight loading mark and earned a record total revenue of ₹2.4 lakh cr so far during the current financial year ending on Mar 31, according to official data released today.

During this FY 2023-24, the total revenue of Indian Railways stands at ₹2.40 lakh cr as of Mar 15 which is ₹17,000 cr higher than the corresponding figure of ₹2.23 lakh cr for the same period of 2022-23.

The total Expenditure of Indian Railways stands at ₹2.26 lakh cr in FY 2023-24.

“Indian Railways is on its track to record the best performance in its recorded history in terms of the output from the Freight Business, Total revenue, track laying in the Financial year 2023-24,” the ministry of railways said.

Total passengers travelling on India Railways during 2023-24 stands at 648 cr, an increment of 52 cr when compared to the figures of the same period of last year. The total number of passengers last year stood at 596 cr.

Previously, Indian Railways had achieved the best-ever freight loading of 1,512 m tonnes during FY 2022-23 for the full year.

Indian Railways has also laid 5,100 km of new tracks in the current financial year as of Mar 15, which works out to a daily average of more than 14 km per day.

(Source: IANS)

- Edited for style

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