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As the first quarter of financial year ends, NCR registers 21.3% growth in originating freight loading

In the month of June 2022, freight loading was 1.81 million tonnes which is best ever loading for any month in NCR.

NCR earned Rs.528.56 crores of revenue through originating freight loading in the first quarter of 2022-23

As compared to the previous year, 20% growth in originating freight revenue registered

Parcel traffic shows an increase of 83.7%

Rs 46.57 crore revenue generated through scrap sales

“Need to sustain the momentum throughout the financial year”: GM NCR

As the first quarter of economy ends, North Central Railway (NCR) registers 21.3% growth in originating freight loading. NCR loaded 5.24 million tonnes of cargo during April-June 2022 surpassing all previous records. This is the best ever quarter ending figures for NCR since its inception in 2003. Freight loading of 4.32 million tonnes was achieved in the corresponding period of previous year.

1.81 mt of loading was achieved in the month of June 2022 which is the best ever loading performance by NCR in a single month. This yields a revenue of Rs 181.02 crores.

Originating freight revenue during these three months comes to be Rs 528.56 crores, which is 20.53 % more than the originating freight earning of 438.54 crores in the first quarter of previous financial year.

Among the three divisions, Jhansi division topped the list by contributing 2.32 million tonnes of freight loading while Prayagraj and Agra divisions followed by loading 1.80 and 1.12 million tonnes respectively

NCR, which spans through the states of UP, MP, Rajasthan and Haryana, is an important constituent of Indian Railways and contributes in loading of containers from Dadri, Kanpur, Agra and Malanpur; fertilizers from Panki near Kanpur; cement from Parichha (near Jhansi) and Chunar; Petroleum Oil Lubricants from BAD refinery Mathura, HPTR near Kanpur and BPCL Panki; foodgrain loading from various places like Etah, Kanpur, Sonbhadra, Mirzapur, Prayagraj, Fatehpur, Shankargarh and Lalitpur of Uttar Pradesh and Tikamgarh, Datia, Dabra and Newari of Madhya Pradesh among other locations.

All the commodities have shown a surge in the loading except cement which registers a slight dip as compared to the previous year. 

In addition to it, parcel traffic also registers a significant surge as compared to the previous year. Rs 7.66 crores of total parcel earnings have been achieved by NCR during the first quarter against earnings of 4.17 crore for same period last year, which is a growth of 83.7%. 

As the passenger traffic bounces back post COVID, NCR’s coaching earnings have also touched remarkable figures both in reserved as well as unreserved segments. While earnings from reserved windows (PRS earnings) are Rs 512.27 crores, unreserved ticket sale amounts to Rs 138.69 crore during the period from April to June 2022. In addition, earning from ticket checking has been to the tune of 52 crores.

Another significant achievement has been the revenue generated through sale of scrap. Scrap worth Rs 46.57 crore was sold during the said period thereby surpassing the proportionate target of 40 crores set by the Railway Board.

While analysing the loading figures of the zone, General Manager Shri Pramod Kumar congratulated the officers for the overall loading performance but expressed concerns over the dip in cement loading. He instructed the officers to put all efforts to pull the cement loading and sustain the momentum throughout the remaining year so that the target set by the Railway Board could be surpassed. GM instructed the DRMs of the three divisions and concerned officers of headquarter to conduct regular freight customer meets and facilitate merchants to use Railway as a preferred mode of transport. “Achievements are laudable, but we have to work harder to sustain the momentum and surpass the targets set by the Railway Board”, said the GM.