Income up 15 per cent to Rs 13,641 crore from Rs 11,880 crore in 2007-08.
The combined net profit of the 11 PSUs under the ministry of railways fell 32 per cent to Rs 1,328 crore in 2008-09 from Rs 1,950 crore in the previous year.
However, income rose 15 per cent to Rs 13,641 crore from Rs 11,880 crore in 2007-08.
“All the eleven PSUs under the administrative control of the Ministry of Railways have performed well in 2008-09 and achieved a combined turnover of Rs 13,641 crore, earning a net profit of Rs 1,328 crore,” said railway minister Mamata Banerjee.
These PSUs paid a dividend of Rs 286 crore to the railways, compared to Rs 261 crore in the previous year.
She also informed that investment in PSUs, joint ventures and special purpose vehicles would be hiked by 25 per cent to Rs 2,631 crore.
According to revised estimates, investments in these entities for the current year is at Rs 2,106 crore.
Rail Vikas Nigam would get Rs 1,354 crore, the largest chunk of investment in the next financial year. However, this is lower than the current year’s revised estimate of Rs 1,420 crore.
Dedicated freight corridor would get Rs 616 crore next year, against an estimated investment of Rs 335 crore in the current year.
According to the original budget estimates unveiled in July 2009, Rs 1,880 crore was to be invested it.
Investment in Bhartiya Rail Bijlee Company would be more than doubled to Rs 150 crore, compared to Rs 60 crore in the revised estimates.
Indian Railway Finance Corporation would get an investment of Rs 511 crore next year, a 75 per cent hike compared to Rs 291 crore estimated in the current year.
