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Tuesday May 07, 2024

Railways earns Rs66bn in nine months: CEO

By Our Correspondent
April 06, 2024
Policemen walk along trains stationed on a deserted platform at Karachi Cantonment railway station. — AFP/File
Policemen walk along trains stationed on a deserted platform at Karachi Cantonment railway station. — AFP/File

LAHORE: In the first nine months of the financial year 2023-24, Pakistan Railway has achieved a historic increase in its revenue as the earnings surged to Rs66 billion.

According to Pakistan Railways CEO Aamer Ali Baloch, earnings are likely to reach Rs80 billion by the end of the current fiscal year. Baloch also highlighted that 100 percent bookings in the special trains have been completed and availability of diesel has been ensured for uninterrupted services during the Eid holidays. It is pertinent to mention that, Pakistan Railways reported a record revenue of over Rs41 billion in the first half of FY24.