BUSINESS

Western Railway registers 67% growth in revenue generation compared to previous year, surpasses proportionate target for June 2022

The Western Railway has surpassed the proportionate target set up for June 2022 in terms of revenue from Parcel and Ticket checking. According to Sumit Thakur, Chief Public Relations Officer of Western Railway, during the period from 1st April 2022 to 23rd June 2022, WR achieved revenue to the tune of Rs. 4,485.31 crore registering a growth of almost 67 per cent in comparison to the previous year for the corresponding period.

Out of this, the revenue of above Rs. 1,256.66 cr has been garnered from the passenger sector and about Rs. 3,098 cr has been generated from the goods sector.

Rs. 71.81 cr has been received from Parcel and Luggage which has registered an increase of 42.54% as against the previous year for the corresponding period. Further, Ticket Checking has contributed a-record breaking revenue of Rs. 58.69 cr, thereby, registering a growth of a whopping 922% as against the same period last year.

“Western Railway has taken best possible efforts to increase its revenue and continued to maintain the momentum. WR performed exceptionally well and has already achieved an originating revenue of Rs. 4485.31 crore up to 23rd June 2022. It is also noteworthy to mention that the highest single-day revenue of Rs. 68.42 cr has been generated on 23rd June 2022” said an officer of WR.

“During the period from 1st April 2022 to 23rd June 2022, Western Railway has transported commodities weighing more than 75 thousand tonnes through its 141 parcel special trains, which included agricultural produce, medicines, medical equipment, fish, milk etc. The revenue generated through this transportation has been approx. Rs. 25.57 crores. 47 Milk Special trains were run by WR, with a load of more than 34,500 tonnes,” further added officials.

Similarly, 13 Special Parcel trains with a load of more than 2,700 tonnes were also run to transport essential commodities. In addition to this, 62 indented rakes carrying about 32,500 tonnes & 8 indented NMG rakes carrying about 1,800 tonnes were also run.

To help the farmers find new markets for their produce and also for its economical and fast transportation, 11 Kisan Rails with a load of more than 3,400 tonnes have also been run during this period.

“The paradigm shift in policies and aggressive marketing efforts by WR in various fields have led to the sustained growth of revenue.” said an official explaining the reason behind the success.

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