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02-04-2024
Press Release: EASTERN RAILWAY'S COMMERCIAL DEPARTMENT SHINES WITH UNPRECEDENTED SUCCESS IN 2023-2024

EASTERN RAILWAY'S COMMERCIAL DEPARTMENT SHINES WITH UNPRECEDENTED SUCCESS IN 2023-2024

Kolkata, April 01, 2024 :

Eastern Railway is thrilled to announce the extraordinary achievements of its Commercial Department during the fiscal year 2023-2024, under the visionary leadership of Shri Milind K Deouskar, General Manager. This remarkable success is a testament to the relentless dedication and collaborative efforts of Shri Saumitra Majumder, Principal Chief Commercial Manager and his team, reaffirming Eastern Railway's unwavering commitment to excellence in service delivery and revenue generation.

Key Highlights of Eastern Railway's Commercial Department Achievements:
Robust Passenger Revenue Growth: Eastern Railway recorded a remarkable growth of 8.91% in Passenger Revenue, reaching an impressive ₹3573.31 Cr. This achievement underscores Eastern Railway's dedication to passenger satisfaction and service excellence.

Significant Increase in Other Coaching Revenue: The Commercial Department witnessed a substantial 14% increase in Other Coaching Revenue, reaching ₹340.14 Cr, showcasing effective resource utilization and diversified revenue streams.

Best-ever Freight Loading: Eastern Railway achieved a commendable 9% increase in Freight Loading, reaching a record-breaking 86.87 MT, highlighting the department's efficiency in freight operations.

Record-breaking Freight Revenue: With a remarkable 19.47% increase, Eastern Railway achieved a record-breaking Freight Revenue of ₹7774.62 Cr, contributing significantly to economic growth.

Scrap Sale Revenue Optimization: The department achieved a best-ever Scrap Sale Revenue of ₹479.98 Cr, demonstrating effective resource management and revenue optimization strategies.




The Comparative Revenue Analysis of the earning of Eastern Railway reaveals:

Apportioned Earnings: Totalling to ₹10,379.74 Cr, Eastern Railway showcased a balanced revenue stream across passenger services, other coaching activities, goods transportation, and sundry earnings.

Originating Earnings: Totalling to ₹12,051.83 Cr, Eastern Railway efficiently originated revenue from various sources, including passenger services, other coaching activities, goods transportation, and sundry earnings.

These achievements underscore the Commercial Department's unwavering commitment to maximizing revenue while maintaining the highest standards of service delivery. Eastern Railway remains steadfast in its pursuit of financial sustainability and continued growth, guided by the principles of innovation, efficiency, and customer-centricity.




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