ISLAMABAD: Pakistan Railways has achieved a historic peak in revenue, recording earnings of Rs 88 billion by the conclusion of the fiscal year 2023-24 in Lahore, As per media report on Sunday.
During the past year, Pakistan Railways’ revenue rose to over Rs 88 billion, up from the previous Rs 63 billion, marking a 40 percent increase compared to the last financial year.
Initially, the government set a revenue target of Rs 73 billion for the department at the beginning of the financial year. Such revenue has never been recorded in the history of Pakistan Railways.
The department earned Rs 47 billion from passenger trains, Rs 28 billion from goods vehicles, and over Rs 13 billion from land and other sources.
CEO Railways Aamir Baloch credited this achievement to the tireless work of the employees and expressed determination to increase the income to Rs 1 trillion next financial year.