Indian Railways Freight Hits ₹14,100 Crore Record; Here’s What’s Driving It

Outlook Business Desk

Rail Freight Record

Indian Railways achieved its highest-ever monthly freight earnings of ₹14,100 crore in August 2025, according to Mint. Strong performance in steel and coal sectors, along with a diversified cargo portfolio, contributed to this milestone and robust revenue growth.

August Freight Data

As per Railway Ministry data, total freight transported in August reached 130.9 million tonnes, up from 120.6 million tonnes in the same month last year. This 8.5% growth reflects consistent demand across key sectors and steady rail logistics performance nationwide.

Diversified Cargo Growth

Coal freight rose by 9%, while finished steel saw a robust 22% increase. Fertilisers, mineral oil, domestic containers, and export-import containers also registered steady gains.

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Resilient Freight Growth

Despite geopolitical tensions, including US tariff pressures, Indian Railways maintained growth, the Ministry said. Freight in 'other goods' grew 31%, showing strong diversification and minimal effect from US tariff pressures.

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FY26 Freight Growth

Freight loading for FY26 reached 673.6 million tonnes, up 3.1% from the previous year, reflecting the Railways’ growing contribution to India’s logistics.

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Q1 Freight Growth

In April–June 2025, freight volumes rose 2% year-on-year to 413 million tonnes, while revenue increased 2% to ₹44,870.4 crore. July nearly achieved double-digit growth, reflecting continued momentum in freight operations during the first quarter of FY26.

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FY26 Loading Target

For the financial year 2025-26, Indian Railways set a freight loading target of 1,702.5 million tonnes, aiming for a 5.2% increase over the 1,617.38 million tonnes moved in 2024-25.

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Coal Loading Outlook

Coal, which makes up over half of Indian Railways’ freight, showed only moderate growth in August, limiting overall revenue gains. Post-monsoon, coal shipments are expected to rise in the third quarter, boosting both earnings and freight volumes.

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