Railways signs 3 long-term tariff contracts to increase freight share

Unveils new policy for double-stacked dwarf containers

by Janhavi Behere

The Indian Railways (IR) signed three long-term tariff contracts to boost its falling freight share. During the three-year contract period, IR is likely to receive assured earnings worth Rs.14.5 billion. The contracts have been signed under pre-determined price escalation principle. Railway minister Suresh Prabhu said the carrier aims to achieve 45 per cent freight market share in the next 2-3 years from the current 30 per cent. As per a report in Financial Express, the PMO has directed transporters to redirect 20 MT of freight from roads to the railways by the end of FY18.

The IR also unveiled a new policy for running double-stacked dwarf containers. Under this policy, the double-stacked containers will run under overhead wires which will have the capacity to carry 50 tonne of freight compared with 26.5 tonne through single stack container rakes.

References
1. http://www.financialexpress.com/economy/railways-to-run-dwarf-containers-inks-3-contracts-to-bolster-falling-freight-shares/764069/
CMIE STATISTICS
Unemployment Rate
Per cent
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Consumer Sentiments Index
Base September-December 2015
94.7 +0.2
Consumer Expectations Index
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Current Economic Conditions Index
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Quarterly CapeEx Aggregates
(Rs.trillion) Sep 16 Dec 16 Mar 17 Jun 17
New projects 2.38 1.50 2.97 1.68
Completed projects 2.23 0.95 1.86 1.12
Stalled projects 0.65 1.01 0.35 2.66
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Quarterly Financials of Listed Companies
(% change) Sep 16 Dec 16 Mar 17 Jun 17
All listed Companies
 Income 2.1 6.2 10.3 10.2
 Expenses 1.9 6.4 11.9 10.5
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Non-financial Companies
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 Expenses -0.2 7.3 15.6 11.0
 Net profit 26.6 24.6 -1.9 -23.7
 PAT margin (%) 6.9 6.2 6.3 5.3
 Net fixed assets -9.2 7.6
 Current assets 8.1 2.2
 Current liabilities 11.6 8.6
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 Reserves & surplus 8.4 6.5
 Count of Cos. 3,481 3,487 3,435 3,281
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Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 12.6 10.0 5.0 1.0
 Expenses 12.8 9.9 5.1 1.2
 Net profit 1.0 -2.2 1.1 -15.2
 PAT margin (%) 3.5 3.2 3.2 3.0
 Assets 14.3 12.3 9.4 8.8
 Net worth 9.6 9.6 8.8 7.7
 RONW (%) 6.8 6.2 6.1 5.3
 Count of Cos. 25,932 23,621 23,131 19,375
Non-financial Companies
 Income 11.9 9.7 4.1 0.0
 Expenses 12.3 9.3 4.3 -0.6
 Net profit -8.4 -2.4 -6.3 6.5
 PAT margin (%) 2.4 2.2 2.1 2.7
 Net fixed assets 12.9 11.6 13.1 13.9
 Net worth 7.9 8.2 7.3 7.0
 RONW (%) 5.5 5.1 4.9 5.6
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.1 2.0 1.9 2.0
 Net working capital cycle (days) 72 69 67 67
 Count of Cos. 20,312 18,893 18,620 15,945
Numbers are net of P&E
Updated on: 21 Sep 2017 10:15AM

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