Railways passenger traffic eases 0.5% to 713.51 million in July 2019
Freight loading of the Indian Railway (IR) increased 1.6% to 99.74 million tonnes (mt) in July 2019 over July 2018. Meanwhile, the freight revenue improved 5.5% to Rs 10030.12 crore in July 2019.The net tonne kilometers (ntkm) declined 1.3% to 56445 million in July 2019. The revenue per tonne improved 3.8% to Rs 1006, while the revenue per ntkm moved up 6.8% to 178 paise.
IR's freight loading stood at 407.19 mt in April-July FY2020, showing a growth of 2.4% over 397.54 mt in April-July FY2019. The freight loading at 407.19 mt for April-July FY2020 was higher than the estimate of 404.55 mt for the period.
Coal transportation, accounting for 47.4% of the total loading, was flat at 47.31 mt, while loading increased for iron ore at 15.4% to 12.94 mt, raw material for steel plant 17.4% to 2.36 mt and container service 4.3% to 5.37 mt. Further, the loadings of petroleum oil products also improved 4.1% to 3.84 mt, food grains 2.5% to 3.23 mt and fertilizers 1.8% to 4.46 mt in July 2019. However, the loading of cement declined 7.3% to 8.81 mt, other goods 4.3% to 6.91 mt and finished steel 0.2% to 4.51 mt in July 2019.
The revenue from coal transportation, accounting for 50.8% of the total freight revenue, increased 6.7% to Rs 5095.09 crore, while freight revenue moved up for iron ore at 31.0% to Rs 841.97 crore, fertilizers 13.5% to Rs 535.74 crore and container service 9.2% to Rs 540.30 crore. The loading revenue of petroleum oil products also gained 8.0% to Rs 470.24 crore and raw material for steel plant 1.8% to Rs 179.55 crore. However, the freight revenue from cement declined 11.2% to Rs 654.01 crore and finished steel 5.7% to Rs 585.36 crore, while the revenue from food grains also fell 2.7% to Rs 552.17 crore and other goods 2.4% to Rs 575.69 crore in july 2019.
Passenger traffic
The passenger traffic of IR declined 0.5% to 713.51 million in July 2019. Passenger traffic fell 0.6% to 2789.54 million in April-July FY2020. The passenger traffic is below the budget estimate of 2856.76 million for April-July FY2020.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


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
