News Karnataka
Monday, May 06 2024
Hubballi

SW Railway records impressive 10% Revenue growth

Rail Soudha
Photo Credit : News Karnataka

Hubballi: The South Western Railway Department is celebrating a remarkable increase in revenue, recording an impressive 10% growth rate from April to October 2023. During this period, the total revenue reached Rs 4,288.27 crore, demonstrating a substantial 10.44% surge compared to the previous year’s Rs 3,882.93 crore generated during the same timeframe.

The primary passenger revenue of the South Western Railway has seen substantial growth, reaching Rs 1,801.68 crore during April to October 2023, compared to Rs 1,563.97 crore in the same period last year, reflecting an impressive increase of 15.20%.

Furthermore, the South Western Railway proudly transported 27.49 metric tonnes of goods from April to October 2023, marking a remarkable 15.20% rise compared to the previous year. Basic merchandise revenue also reported a notable increase of 11.66%, reaching Rs 2,741.40 crore during this period, compared to Rs 2,455.14 crore during the same period last year.

These exceptional achievements can be attributed to the unwavering commitment of the business development units of the divisions, the efficient supply of wagons through a well-managed asset system, and the dedicated efforts of the operation and maintenance staff. Additionally, the dual-tracking and electrification of South Western Railway lines have led to reduced transit times for freight trains, ultimately enhancing the mobility and reliability of railway services. Sanjeev Kishore, General Manager of South Western Railway, extended his heartfelt congratulations and appreciation to all officers and staff members who played a significant role in achieving this outstanding feat.

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