Central Railway registers best performance in Non-Fare Revenue and Parcel Revenue in the month of April-August for financial year 2022-2023

Central Railway’s performance in FY 2022-23 (April to August) has been spectacular with a record revenue of Rs.24.58 crores in Non-Fare Revenue as compared to Rs.7.61 crores during the corresponding period last year, showing a whopping increase of 223%.

More details:

• In the month of August, 36 Non-Fare Revenue contracts were awarded through e-auction with annual license fee of Rs 628.46 lakh.
• Advertising o­n trains, viz. Mail/express trains, suburban trains and locomotives which are termed as mobile assets, have proved to be a great revenue generator for Central Railway. A total of 82 mobile assets have been created including 33 o­n Mumbai division, 38 o­n Pune division, 5 o­n Nagpur division and 3 each of Bhusaval and Solapur divisions under e-auction.
• Pune division has e-auctioned and awarded advertising contracts o­n 27 rakes of 14 mail/express trains in the month of August-2022 registering revenue of Rs.132.48 lakh per annum for a period of 3 years.
• Mumbai division which has heavy suburban traffic has created 42 assets each through advertising o­n the interior and exterior of suburban EMU rakes. 8 tenders have been awarded including luggage rake display in 38 EMU rakes with a revenue of Rs.35.56 lakh per annum for a period of 5 years. It also includes external advertisement o­n 15 EMU rakes and internal advertisement o­n 20 EMU rakes registering revenue of Rs.231.65 lakh.

Parcel revenue:

• Central Railway also registered significant revenue of Rs.105.74 crores through Parcel & Luggage revenue in FY-2022-23 (April to August).In the month of August-2022, Central Railway transported upto 2.10 lakh tonnes of parcel registering revenue of Rs.21.12 crores.
• During the FY 2022-23 (till August), 121 trips of time-tabled parcel trains generated a revenue of Rs.8.32 crores and 14 indent Parcel Cargo Express Trains generated a revenue of 2.90 crores.
• Presently 89 Seating cum Luggage Rakes (SLR) and 12 Van Parcels (VP) are o­n lease, out of which 18 SLRs and o­ne VP have been leased out through e-auction recently.

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Source: Central Railway -Press Release | Image Credit (representational): SCR