S E RAILWAY STARTS FIRST QUARTER OF CURRENT FISCAL YEAR WITH SUBSTANTIAL IMPROVEMENT IN REVENUE EARNINGS AND FREIGHT LOADING
Kolkata, 8thJuly, 2015
South Eastern Railway, during the first quarter of current fiscal year i.e., from April ’2015 to June ’2015 has achieveda spectacular improvement in freight earnings registering a growth of 10.17%.
During the first quarter of the current financial year, 2015-16 (from April,2015 to June, 2015), South Eastern Railwayhas generated earnings of Rs. 2679.57 crores from originating freight traffic as against earnings of Rs.2432.14 crores achieved during the corresponding period of last financial year (2014-2015), thus recording a remarkable jump of Rs.247.43 crores i.e. 10.17% growth.
This spectacular achievement in earnings has been feasible, as this Railway has loaded 33.17 million tonnes of freight as against 32.43 million tonnes loaded during the corresponding period of last year, thus registering a growth of 2.28%.Apart from this, South Eastern Railway, during the above period, has recorded a growth in loading of Coal, Iron ore, Food grains, Fertilizers, POL etc. andonly from Iron ore sector it has carried 18.17 million tonnes of freight trafficwhich is a growth of 5.09% in comparison to the figure achieved during the corresponding period of last year.
In the month of June, 2015, South Eastern Railway has loaded 10.95 million tonnes of freight traffic as against 10.59 million tonnes loaded in the month of June, 2014 which is a growth of 3.40%. As a result, earnings from freight loading during the month of June’2015has been Rs. 887.76 crores as against Rs. 792.53 crores earned in the month of June, 2014, thus registering a growth of 12.02%.