Islamabad, Dec 3: In the first five months of the 2024–25 fiscal year, Pakistan Railways earned over Rs. 33 billion, marking an excellent milestone. Consistent work, despite financial difficulties, has led to this accomplishment. Passenger and freight services generate more money than the original projections.
When compared to the same period last year, when the department earned Rs. 29 billion, this year’s earnings represent a 14% growth, or an increase of Rs. 4 billion. Optimized revenue generation techniques and increased operational efficiency are the reasons for the improved performance.
In 2023–24, the department achieved a record-breaking revenue of Rs. 88 billion, a 40% rise over the Rs. 63 billion earned the year before. This expansion is a sign of the company’s sound financial standing and improving performance.
With revenue of Rs. 47 billion from passenger trains, Rs. 28 billion from freight trucks, and more than Rs. 13 billion from land and other sources, Pakistan Railways surpassed its original goal of Rs. 73 billion. In the upcoming fiscal year, the department has set the lofty target of earning Rs. 1 trillion.
Along with its financial achievements, Pakistan Railways has prioritized safety enhancements. An important infrastructure project, the Main Line-I (ML-I) project, is anticipated to start next year, indicating long-term expansion.
With just eight minor occurrences reported this year, all of which were fatalities, the department has also been effective in lowering the incidence of train accidents. Better railway track monitoring and initiatives to deter trespassing at unattended crossings are credited with these advancements.
