Railways' freight revenue up 19% in Aug, Rs 66,658 cr earning during FY23

Coal freight revenue rose 42 per cent despite rains, floods during August

Fuelled by increased coal supply to meet record power demand, Indian Railways’ freight earning touched Rs 12,926 crore in August. The national transporter carried 119 million tonnes (mt) of goods and raw materials during the last month, even as coal-producing states and railway infrastructure suffered due to floods and heavy rains.

With this, the national transporter has earned Rs 66,658 crore during this fiscal year from freight operations.

The freight loading of the Railways in August increased by 8 per cent over the last year, and revenue increased by 18.9 per cent, according to official documents accessed by Business Standard.