SCR achieves best-ever performance in freight business in FY 2023-24
The Zone achieved Originating Freight Loading of 141.117 MTs, which is the best-ever since its inception.
The Zone also registers its highest ever freight earnings by achieving Rs. 13,438.76 crs in freight revenue, the best ever in its history
South Central Railway registers it’s best-ever performance in freight business during the last financial year 2023-24, marked by record-breaking achievement in both Originating Loading and Earnings. The Zone surpassed the 140 MTs mark in originating freight loading for the first time in its history, by achieving 141.117 MTs in originating freight loading, which is 8.785 MTs higher than the last year.
Similarly, in terms of earnings, the Zone surpassed Rs. 13,000 crs mark for the first time in terms of originating freight revenue, by achieving Rs. 13,438.76 crs in FY 2023-24, which is Rs. 506 crs higher than the last year.
The record-breaking performance by the Zone was a result of the exceptional team work displayed by all its six divisions. The Zone has been giving a major thrust towards attracting new streams of freight business, while strengthening its existing freight basket.
Special focus was given towards enhancing efficiency at our terminals with the introduction of Gati Shakti Cargo Terminals, improvements to Goods Sheds, etc. Simultaneously, regular feedback was taken from the freight customers to address their needs, which resulted in this stupendous achievement. In fact, SCR incremental loading during the last financial year contributed to nearly 11.18% overall incremental loading of Indian Railways during FY 2023-24.
The buoyancy in the Zone’s loading was witnessed across all commodity streams. Coal, the major commodity in the Zones freight basket, contributed 70.522 MTs of loading during FY 2023-24 (vs 67.18 MTs in FY 22-23). Cement (along with Clinker) is the second largest commodity contributing 36.117 MTs in loading in FY 2023-24 (vs 34.855 MTs in FY 22-23).
Other major commodities also displayed remarkable growth in loading over the previous year. These include: Fertilisers (7.402 MTs vs 6.511 MTs), Foodgrains (7.388 MTs vs 7.058 MTs), Raw Material for Steel Plants (4.852 MTs vs 4.504 MTs), Iron Ore (3.743 MTs vs 1.561 MTs), Containers (2.392 MTs vs 2.189 MTs), POL (1.095 MTs vs 0.515 MTs) and other goods (7.606 MTs vs 7.959 MTs).
SCR achieving its best-ever freight performance, characterized by record-breaking loading and earnings, underscores the Zone’s commitment to excellence and the special thrust given towards driving growth in this crucial segment. The General Manager appreciated the efforts of the Operations and Commercial team on this stupendous achievement and advised them to maintain the same tempo in the current financial year.
