Pakistan Railways generated its highest-ever annual revenue of Rs. 115.16 billion during the fiscal year 2025–26, although the department continued to operate at a loss despite the record earnings.
Railways Minister Hanif Abbasi announced the financial results while speaking to journalists, attributing the revenue growth to administrative reforms, improved financial management, and stronger commercial performance.
According to official figures, Pakistan Railways increased its total revenue by 24.19% year-on-year, rising from Rs. 92.72 billion in FY2024–25 to Rs. 115.16 billion in FY2025–26.
Passenger services generated a record Rs. 50.59 billion in revenue, while freight operations contributed Rs. 40.78 billion, remaining one of the largest sources of income. Freight revenue increased 27.78% compared to the previous fiscal year and has grown by 45% over the past two years. Passenger revenue also recorded a 3.37% annual increase.
Pakistan Railways also reported growth in other commercial segments. The sundry category generated Rs. 16.40 billion, while property and land operations contributed Rs. 11.99 billion. Scrap sales added Rs. 1.96 billion, and other commercial activities generated Rs. 2.12 billion.
The department’s cash inflows also improved significantly, increasing by 24.6% to Rs. 120.07 billion, compared with Rs. 96.37 billion in the previous fiscal year.
Despite the record-breaking revenue, Hanif Abbasi acknowledged that Pakistan Railways remains loss-making due to continued competition from road transport. He said the government will continue pursuing reforms aimed at modernizing railway infrastructure, expanding freight services, digitizing operations, improving passenger facilities, and building a more efficient and financially sustainable railway system.
