Pakistan Railways Achieves Record Revenue of Rs 66 Billion

Pakistan Railways has accomplished a remarkable feat, earning an unprecedented revenue of Rs 66 billion in the first nine months of the financial year 2023-24, despite facing financial constraints exacerbated by monsoon floods.

With consistent efforts and dedication, the department anticipates reaching a revenue target of Rs 80 billion by the fiscal year’s end.

Comparing to the previous year’s revenue of around Rs 39 billion during the same period, this marks a historic increase in earnings. The revenue was derived from both passenger and freight trains, along with contributions from other sectors within the department.

Currently, Pakistan Railways operates 96 passenger trains, up from 86 trains the previous year, and has increased the number of freight trains from an average of 3.75 to seven. The department has resolved issues regarding delayed payment of salaries, with further improvements expected once work on the Mainline-I (ML-I) project commences.

Efforts to enhance safety measures have resulted in a significant decrease in passenger train accidents, with only six minor incidents reported in the last three months, all without casualties. These efforts include mitigating trespassing at unmanned level crossings and unauthorized locations, with continuous monitoring of railway tracks and thorough inspections of trains to prioritize passenger safety.