October 12, 2008

SCR earnings in 2007-08 up by 18.9% YoY

South Central Railway has achieved apportioned earnings of INR 6,830 crore in 2007-08 as against INR 5,745.66 crore in 2006-07 up by 18.9% YoY. It achieved an operating ratio of 67.71% YoY in 2007-08.

Mr HK Padhee GM of South Central Railway said that "Financial discipline helped us cut expenditure, resulting in the better operating ratio."

He added that the zone recorded an originating freight loading of 70.17 million tonnes as against 62.23 million tonnes, registering a growth of 12.8% YoY.

Earnings from freight segment stood at INR 3,418 crore as against INR 2,810 crore last year, showing an increase of 21.6% YoY. The target set by the railway board was INR 3,330 crore. Contribution from cement topped the list of commodities with a total loading of 29.59 million tonnes as against 19.87 million tonnes. Coal contributed 29.14 million tonnes as against 25.39 million tonnes, followed by food grains with 6.78 million tonnes as against 5.56 million tonnes. The passenger traffic reached 276.10 million as against 243.66 million.