Coal news and updates

Railways’ Apr-Aug revenue earnings up 12.53% y-o-y

September 11: Indian Railways (IR) recorded revenue earnings of Rs 61,324.64 crore during April-August, 2014 as compared to Rs 54,496.73 crore earned during the same period last year, registering an increase of 12.53%, according a government release.

The total approximate earnings from goods during the April-August period stood at Rs 40,879.09 core compared to Rs 37,103.34 crore earned during the same period last year, recording an increase of 10.18%.

On the other hand, during April to August, 2014, the total approximate revenue earnings from passengers stood at Rs 17,700.16 crore, up 19.94% as compared to Rs 14,758.01 crore recorded during the corresponding period last year.