REVENUE on Indian Railways (IR) grew by 12.15% to Rs 247.56bn ($US 5.55bn) for the period April 1 to June 30, which is the first quarter of the current financial year, compared with Rs 220.75bn for the first quarter of fiscal 2010.
REVENUE on Indian Railways (IR) grew by 12.15% to Rs 247.56bn ($US 5.55bn) for the period April 1 to June 30, which is the first quarter of the current financial year, compared with Rs 220.75bn for the first quarter of fiscal 2010.
Freight performed the best with a growth rate of 12.6%. First-quarter revenue was Rs 168.1bn compared with Rs 149.3bn in the first quarter of 2010.
Passenger income rose by 10.5% from Rs 61.9bn in first quarter 2010 to Rs 68.4bn this year. The total number of passenger journeys reached 2 billion in the first quarter of fiscal 2011 compared with 1.94 billion during the first quarter of fiscal 2010, representing an increase of 5.3%.
