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Konkan Railway achieves net profit of Rs 129.5 cr during FY 15-16

Panaji, Oct 16 (UNI) Konkan Railway has announced that it has achieved a net profit of 129.5 Crore during financial year 2015-16 as against Rs 39.39 Crore during financial year 2014-15.
According to a press release here today from Konkan Railway which celebrated 26th foundation day yesterday, the project revenue has also shown an improving trend of Rs 526 crore during the financial year 2015-16 as against Rs 350 crore during financial year 2014-15.
The upward trand was continuing even in 2016-17 also, the release said, adding an MOU between Indian Railway and Konkan Railway for the financial year 2016-17 was signed on August 31 last.
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