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

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

Fuelled by increased coal supply to meet the record power demand, Indian Railways’ freight earnings touched Rs 12,926 crore in August.

The national transporter carried 119 million tonnes (mt) of goods and raw materials during last month, growing by 7.9 per cent year-on-year (YoY). This comes even as coal-producing states and railway infrastructure suffered due to floods and heavy rain.

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

In August 2022, freight loading of the railways increased by 8 per cent over the last year, and revenue went up by 18.9 per