September 07, 2008
Indian Railway posts 11% surge in earnings growth in 9 months
Indian Railways has generated revenue of INR 29416.42 crore from freight traffic during April to November 2007 period up by 10.99% YoY as compared to INR 26502.79 crore during April to November 2006 period.
Indian Railways carried 501.38 million tonnes of freight traffic during April to November 2007 period up by 7.97% YoY as compared to 464.39 million tonnes carried during April to November 2006 period. The net tonne kilometers recorded at 321460 million up by 5.44% YoY from 304871 million.
The results for four commodities accounting for almost 75% is as under
| Item | Earning | Share | Growth |
| Coal | 11039 | 42.0% | 11.0% |
| Iron ore | 4397 | 17.4% | 17.0% |
| Cement | 2555 | 10.0% | 7.5% |
| Fertilizer | 5.0% | 15.3% | |
The performance is attributed to higher volumes as well as imposition of some surcharges and levies like busy season and congestion etc.
