ECoR revenue up 36% in Q1

East Coast Railway (ECoR) has posted 36.54 per cent increase in revenue in the first quarter of 2012 -13 compared to the same period last year.

“ECoR’s total earnings stood at Rs 2,788.68 crore in the first quarter of this fiscal which is Rs 726.34 crore more than the revenue achieved in the corresponding period of the previous fiscal,” read an ECoR release.

During the first three months of the current financial year, ECoR loaded 13.4 per cent higher freight at 31.35 million tones. In the corresponding period last year, the zonal railways had loaded 27.64 million tonnes of freight.

The major commodities carried by ECoR include coal, iron ore, finished steel, fertilizers, food grains, cement etc.

“The growth has been achieved despite constraints like disruption in train movements due to agitations, rail roko, yard remodeling works and extremist activities in the revenue generating areas,” added the release.

In the first quarter, coal movement by ECoR was up 17.4 per cent at 18.57 million tonnes against 15.82 million tonnes in the previous comparable period. Similarly, iron ore loading went up by 30.8 per cent to six million tonnes.

On the passenger fare front, ECoR has earned Rs 202.49 crores, registering an increase of 4.82 per cent compared to Rs 193.18 crores posted in the corresponding period of last year. The zonal railway carried 21.90 million passengers in April-June period compared to 21.28 million in the first quarter of 2011-12.