KOLKATA (Metro Rail News): The Eastern Railways, headquartered in Kolkata, has announced that it has earned a total revenue of Rs. 10501.99 crores in FY 2022-23. This marks a 21.17 per cent growth over the previous fiscal year’s revenue of Rs. 8667.12 crores.
The increase in passenger revenue is particularly noteworthy, with the Eastern Railways earning Rs. 3272.67 crores in FY 2022-23, compared to Rs. 2,130.57 crores in the previous fiscal year. This marks a substantial increase of 53.61 per cent. The pandemic‘s second and third waves resulted in fewer people travelling in 2021-22.
Despite the challenges posed by the pandemic, Eastern Railways carried 1094.20 million passengers in the financial year ending on March 31, 2023. This represents an increase of 54.29 per cent from the 709.319 million carried in the previous fiscal year.
In terms of goods revenue, Eastern Railways generated Rs. 6,514.63 crores in 2022-23, compared to Rs. 6,023.13 crores in the previous financial year, marking a growth of 8.16 per cent.
The Eastern Railways also achieved remarkable growth in sundry revenue earnings. It clocked a turnover of Rs. 423.95 crores in FY 2022-23, compared to Rs. 222.75 crores in the previous fiscal year, marking a substantial increase of 90.33 per cent.
In parcel and luggage carrying, Eastern Railways earned Rs. 107.69 crores in 2022-23, compared to Rs. 95.69 crores in FY 2021-22, with a growth of 12.53 per cent.
Overall, Eastern Railways’ growth in revenue is a positive sign for the Indian railway industry, as it indicates a gradual recovery from the pandemic’s impact.
