The country’s first private train ‘Tejas Express’ has earned a profit of Rs 70 lakhs in October. According to railway sources, sales of tickets for this train generated revenue of around Rs 3.70 crore last month. The Indian Railway Catering and Tourism Corporation (IRCTC) operates this train between Delhi and Lucknow.
From October 5 to October 28 (21 days, as the train, runs six days a week), the expenditure incurred by IRCTC in running the train was around Rs 3 crore, they said.
The Railway subsidiary, which spent an average of nearly Rs 14 lakh per day to run the state-of-the-art train, earned around Rs 17.50 lakh daily from passenger fares.
The Tejas Express on the Lucknow-Delhi route is the Railways’ first experience of running a train by non-railway operator and its own subsidiary IRCTC.