SCR's gross earnings surge to Rs.11,764 Cr

Hyderabad: The South Central Railway's forward march continues with commendable performance. Consistent performance during the Reporting Period ie., from April, 2014 to February, 2015, has resulted in the Zone posting impressive cumulative results, surpassing the Railway Board's targets for freight loading and gross earnings, fetching laurels from Railway Board.

Improved maintenance practices, maximizing rolling stock utilization, close monitoring of running of trains and rationalization of operational practices have been instrumental for registering the exceptional performance.

The gross originating earnings of SCR from freight and passenger transport, at Rs. 11,764 Cr., registered a significant growth of +23% during the reporting period (April, 2014 to February, 2015). It reflects generation of additional revenue of Rs. 2175 Cr. when compared to Rs. 9589 Cr. grossed during the Same Period of Last Year (SPLY).

With the 9.6 MT of freight moved during February, 2015, SCR's cumulative freight loading during the reporting period (ie., April, 2014 to February, 2015) stood at 105.92 MT as against 96.89 MT, carried during the Same Period of Last Year (SPLY). SCR posted an extraordinary incremental (extra) loading of 9.03 MT during the reporting period which is 9.30% higher when compared to the loading during SPLY. SCR surpassed the proportionate target of 102.49 MT, set by Railway Board for the reporting period (April, 2014 to February, 2015) by 3.3%.

The freight earnings till the end of February, 2015 grew to Rs. 8438.40 Cr, which is 26% higher as compared to Rs. 6708 Cr. grossed during SPLY. During the reporting period (April, 2014 to February, 2015), freight earnings constituted around 72% of the gross earnings of the Zone.

The Coal loading at 56.12 MT constitutes 53% of the total freight loading during the reporting period. Coal loading surpassed the loading during SPLY by 4.59 MT (+8.9 %). SCR loaded 26 MT of Cement, with an incremental loading of 0.43 MT (1.7 %). Petroleum, Oil and Lubricants (POL) at 0.93 MT witnessed an incremental loading of 0.23 MT (32.7%) as compared to 0.70 MT loaded during SPLY. Containerised Cargo loading also increased from 0.90 MT to 1.04 MT registering a growth of 16%.

The cumulative loading at Krishnapatnam has gone up to 19 MT, registering 50 % increase when compared to the loading during SPLY. Cumulative loading at Kakinada Port also registered 32% increase (5.5 MT to 7.2 MT). Coal, Iron ore, Cement and fertilizers are the major commodities being loaded at Krishnapatnam and Kakinada Ports.

Sustained marketing efforts have yielded fruitful results during the reporting period as the Zone was able to capture new streams of freight traffic such as imported Iron ore at Krishnapatnam Port, Bauxite at Kakinada Port; export cement in containers at Mellacheruvu and Yerraguntla; Stone chips, Quartz , rice and coal at other loading points.

Apart from regular train services, SCR also ran several special trains to clear extra rush of passenger traffic during holidays and festive seasons. SCR carried 333 millions of originating passengers during the reporting period (April, 2014 to February, 2015) i.e., around 10 lakh passengers on an average per day. The earnings from passenger transportation went up from Rs. 2418 Cr. to Rs. 2805 Cr., registering a 16% growth during the reporting period.