Railways freight revenue up 12.75 percent

The railways on Tuesday reported a 12.75 percent increase in revenue earnings from commodity-wise freight traffic during April-February 2014-15.

According to the railways, it generated revenue worth Rs.95,136.34 crore from commodity-wise freight traffic during the period under review from Rs.84,379.49 crore earned during the corresponding period of last year.

The railways' commodity-wise freight traffic during April-February 2014-15 rose 4.51 percent. It carried 966 million tonnes of commodity-wise freight traffic during April-February 2014-15 from 953.05 million tonnes ferried during the corresponding period of last year.

During February 2015, railways' revenues generated from commodity-wise freight traffic grew by 15.85 percent and stood at Rs.9,127.09 crore from Rs.7,878.48 crore earned during the same period last year.