India News | Andhra Pradesh: Waltair Division Achieves Highest Ever Revenue of Rs 9000 Crore in 2022-23 FY

Get latest articles and stories on India at LatestLY. Waltair Division of East Coast Railway has achieved the highest ever revenue by crossing Rs 9000 crore five days ahead of the closing of the Financial Year 2022-23, the official said on Sunday.

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Visakhapatnam (Andhra Pradesh) [India], March 27 (ANI): Waltair Division of East Coast Railway has achieved the highest ever revenue by crossing Rs 9000 crore five days ahead of the closing of the Financial Year 2022-23, the official said on Sunday.

Last year in 2021-22, the Division achieved Rs 8498.86 crore.

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"The Division has created a record of 68.12 MT in loading, registering a record growth of 1.24 MT from 1 April 2022 to 25th March-2023. The Division has loaded 66.88 MT of freight in the last financial year," AK Tripathi, Senior Divisional Commercial Manager said in a statement.

Tripathi further said that with its overall best performance, the Division has achieved this remarkable performance in just a span of 350 days as against 360 days loaded in the last fiscal's corresponding period.

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He added that the rare feat was made possible due to the outstanding performance of all the departments, despite various constraints such as natural disasters, security reasons, doubling and triple line works, reduced demand for Iron ore, and other safety-related modernisation works in the Division. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)

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