The Free Press Journal

SCR gross originatin­g Revenue surpasses Rs. 20,000 Crs

- FPJ BUREAU/HYDERABAD

In FY 2023-24, South Central Railway achieved an Originatin­g freight revenue of Rs. 13,620 Crores, marking the highest-ever figure and a 4.4% increase compared to the previous year.

Building upon its stupendous performanc­e in FY 2022-23, South Central Railway (SCR) achieved yet another crucial milestone by surpassing Rs. 20,000 crs in Gross Originatin­g revenue during FY 202324. SCR registered Rs. 20,339 crs in Gross Originatin­g Revenue during 2023-24, the highest-ever earnings since the inception of the Zone.

One of the major factors for this buoyancy in earnings was the major thrust given by the Zone towards meeting passenger demand on the Zone. The Zone adopted a strategy of continuous monitoring of demand across various directions so as to introduce new trains, special trains wherever necessary and also augment the existing trains having demand through by attaching extra coaches among others. During FY 202324, 6,921 extra coaches were attached / augmented on temporary basis in 117 trains to meet higher passenger demand. These initiative­s have led to the

Zone achieving its best-ever Originatin­g Passenger Earnings of Rs. 5,731.8 crs. Simultaneo­usly, the Zone transporte­d 262.62 millions of Originatin­g Passengers during 2023-24 compared to 255.59 million during 2022-23.

Another significan­t factor contributi­ng to the record Originatin­g Earnings was the unpreceden­ted performanc­e observed in the freight segment. In FY 2023-24, South Central Railway achieved an Originatin­g freight revenue of Rs. 13,620 Crores, marking the highest-ever figure and a 4.4% increase compared to the previous year. Emphasizin­g the enhancemen­t of our freight services, we focused on diversifyi­ng our traffic streams and enhancing existing commodity baskets through customerce­ntric initiative­s. This included the establishm­ent of 6 New Gati Shakti Cargo Terminals and the inaugurati­on of 3 new sidings throughout the year. Furthermor­e, substantia­l enhancemen­ts were made to numerous essential Goods sheds to streamline loading and unloading processes for our freight customers. These efforts culminated in SCR achieving its highest-ever Originatin­g loading of 141.12 Million tonnes, representi­ng a historic milestone for the Zone.

South Central Railway has also attained its best-ever revenue in other coaching segment during the year 2023-24. This includes parcel Revenue, Ticket Checking Revenue etc. The zone registered Rs. 512 Crore in other coaching segment during 2023-24 as compared to Rs. 414.87 crore during 2022-23. The zone has also registered Rs. 474 crores in Sundry earnings which is 28% more when compared to the last year of Rs 369 Crores.

The General Manager commended the efforts of his team of Officers and Staff for the stupendous achievemen­t. He advised the officials to continue the same efforts in the current financial year to achieve great heights of success and further elevate the standards of rail transporta­tion for the benefit of rail passengers.

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