Railways posts 73% revenue growth in Apr-Jan 2023 from same period in 2022

The railways' revenue earnings are up by 73% in the passenger segment during April-January 2023 as compared to the same period last year, according to an statement issued by the national transporter

indian railways, IRCTC, Cancellation
Indian Railways
Press Trust of India New Delhi
2 min read Last Updated : Feb 02 2023 | 11:08 PM IST

The railways' revenue earnings are up by 73 per cent in the passenger segment during April-January 2023 as compared to the same period last year, according to an statement issued by the national transporter.

The total approximate earnings in the passenger segment for Indian Railways on originating basis during April to January 2023 is Rs 54,733 crore, registering an increase of 73 per cent in comparison to Rs 31,634 crore achieved during the same period last year, it said.

In reserved passenger segment, the total approximate numbers of passengers booked during the period 1st April to 31st January 2023 is 6,590 lakh as compared to 6181 lakhs during the same period last year, showing an increase of 7 per cent.

The revenue generated from reserved passenger segment during the period 1st April to 31st January 2023 is Rs 42,945 crore as compared to Rs 29,079 crore during the same period last year, showing an increase of 48 per cent, the statement read.

In the unreserved passenger segment, the total approximate numbers of passengers booked during the period 1st April to 31st January 2023 is 45,180 lakh as compared to 19,785 lakh during the same period last year, showing an increase of 128 per cent.

The revenue generated from the unreserved passenger segment during the period 1st April to 31st January 2023 is Rs 11,788 crore as compared to Rs 2,555 crore during the same period last year, showing an increase of 361 per cent.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Indian RailwayRevenue collection

First Published: Feb 02 2023 | 11:08 PM IST

Next Story