South Central Railway, Vijayawada division achieves highest-ever gross earnings of ₹5,301 crore during FY 2022-23

Krishnapatnam and Kakinada Ports generated about ₹1868 crore and ₹1205 crore revenue respectively, say officials

April 02, 2023 02:13 pm | Updated 02:13 pm IST - VIJAYAWADA

Krishnapatnam and Kakinada Ports generated about ₹1868 crore and ₹1205 crore in revenue respectively, say officials.

Krishnapatnam and Kakinada Ports generated about ₹1868 crore and ₹1205 crore in revenue respectively, say officials. | Photo Credit: The Hindu

The Vijayawada division of the South Central Railway (SCR) has achieved Rs.5,301 crore gross revenue during the financial year 2022-23. This is the highest-ever gross revenue for the division. The division has surpassed the previous highest revenue of ₹5,136 crore in 2018-19, and created a record, the SCR officials said.

SCR General Manager Arun Kumar Jain and Vijayawada Divisional Railway Manager (DRM) Shivendra Mohan congratulated Senior Divisional Commercial Manager (Sr.DCM) V. Rambabu and the heads of the Business Development Units (BDUs) for achieving the highest revenue in the history of the division.

The freight revenue target of 33 million tonnes has crossed 10 days ahead of the fiscal and has earned about ₹3870 crore. The division recorded about ₹1,225 crore in passenger revenue, by March 31, the officials said.

The revenue generation from different segments includes 74% from freight business, 23% from passenger earnings, 1.7% from coaching earnings (i.e. parcels and ticket checking), and 1.3% of revenue through sundries.

The two major ports— Krishnapatnam and Kakinada— played a vital role by contributing about ₹1868 crore and ₹1205 crore, respectively to the gross revenue in the current fiscal, the officials said.

The Vijayawada Division also performed exceptionally well in the rest of other areas like ticket checking, parcels, non-fare revenue, and e-auction of commercial assets, the DRM said.

Mr. Shivendra Mohan congratulated Senior Divisional Operations Manager, D. Narendra Varma, staff of the Commercial and Operating departments, and the BDU teams who are instrumental in achieving the highest-ever gross earnings.

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