SCR achieves Rs 8,103 cr gross earnings in Apr-Nov

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Press Trust of India Hyderabad
Last Updated : Dec 12 2014 | 10:26 AM IST
The South Central Railway (SCR) has achieved cumulative gross originating earnings of Rs 8,103 crores during April-November 2014, which is Rs 1,365 crores higher with a 20 per cent growth, as compared to Rs 6,738 crores earned during the same period last fiscal.
Thus, the cumulative earnings achieved were Rs 550 crores (7.3 per cent) more than the proportionate target of Rs 7,553 crores set by Railway Board for April to November 2014, an SCR release said.
The gross originating earnings of SCR during November 2014 were Rs 1,181 crores, compared to Rs 903 crores in the same month last year, it said.
The continuous surge in originating freight loading resulted in 19.6 per cent growth during November 2014. SCR carried an originating freight of 10 Million Tonnes (MT) in the month, compared to 8.3 MT loaded in November 2013.
Originating coal loading, which constitutes 53 per cent of total originating loading on SCR, registered 15.7 per cent growth in November 2014. 5.15 MT of coal was loaded during November 2014 compared to 4.45 MT in November 2013.
Cement loading of 2.06 MT during November 2014 took the cumulative loading to 18.8 MT, which is 6 per cent higher over last year's loading in the same period, the release said.
The originating freight earnings for November 2014 were Rs 865 crores compared to Rs 626 crores in the same period in 2013, registering an increase of Rs 239 crores with 38 per cent growth.
SCR earned originating freight revenue of Rs 5,675 crores during April-November 14, compared to Rs 4,670 crores earned during the same period of last year, posting an incremental growth of Rs 1,005 crores (or 21.5 per cent).
It is higher by Rs 576 crores (11.3 per cent) compared to the proportionate target of Rs 5,099 crore of freight earnings set by Railway Board.
Besides, SCR carried 29.9 million of originating passengers during November 2014, and earned Rs 278 crores.
The cumulative originating passenger earnings till November went up by 18 per cent to Rs 2,062 crores in the current fiscal vis-a-vis Rs 1,752 crores achieved in the same period of last fiscal, which signifies Rs 310 crores incremental increase in passenger revenue, according to the SCR release.
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First Published: Dec 12 2014 | 10:26 AM IST

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