LAHORE: At the end of the fiscal year 2024-25, Pakistan Railways has witnessed a historic increase in revenue.
Pakistan Railways earned a total revenue of Rs 93 billion, of which Rs 47.5 billion was earned from passenger trains and Rs 31.5 billion from freight trains.
Military traffic earned Rs 1.5 billion while other coaching sources earned Rs 3 billion. Rs 9.5 billion was earned from miscellaneous sources.
This is the highest level of revenue in the 78-year history of the railways, last year Pakistan Railways earned Rs 88 billion.
Karachi Division was at the forefront in revenue generation from the passenger sector, with Karachi Division earning Rs 15.5 billion in the fiscal year.
Similarly, Lahore was in second place with a revenue of over Rs 11.5 billion. Headquarters and Multan Division earned Rs 5.5 billion and Rs 5 billion respectively.
Sukkur’s revenue was 4.8 billion while Rawalpindi’s was 4.7 billion. Peshawar generated 1.2 billion revenue while Quetta earned 520 million.
In the freight sector, Karachi earned 28 billion and Multan 1 billion. Lahore earned 830 million, Peshawar 770 million, Rawalpindi 310 million, Sukkur 280 million and Quetta 100 million.
Railways Minister Muhammad Hanif Abbasi said that the railway administration deserves praise for its excellent performance with limited resources. Next year, up to 70 percent of income generation will be possible from freight trains. I salute my workers who shed blood and sweat for the stability of the institution.
ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…
ISLAMABAD: Important legislation may be considered in the negotiations between the Pakistan People's Party (PPP)…
ISLAMABAD: If you are thinking of applying for a UK visa from Pakistan and are…
LAHORE: The Drugs Control of Punjab declared a Class-I alert after the lab tests confirmed…
KARACHI: The government has decided to include unmarried women above the age of 35 in…
ISLAMABAD: The Pakistan Institute of Development Economics (PIED) has recommended setting the minimum monthly wage…