Pakistan Railways Reports Highest-Ever Revenue of Rs115.2 Billion in FY26.

Pakistan Railways achieved a record revenue of Rs115.157 billion in FY 2025-26, up 24% year-on-year, as Minister for Railways Hanif Abbasi told the cabinet that the ML-1, ML-3, and Thar coal connectivity projects are vital for the organisation’s continued expansion.

Revenue Growth Across All Streams

Total revenue climbed Rs22.429 billion, or 24.19%, over the previous year and Rs34.425 billion, or 42.64%, across the last two years. Officials highlighted that growth was spread across all major revenue streams rather than concentrated in a single area:

• Freight Operations: Generated Rs40,783 million.
• Passenger Services: Contributed Rs50,590 million.
• Sundry Earnings: Rose to Rs16,401 million.
• Property & Land Income: More than doubled to Rs11,956 million from Rs5,022 million.

The company’s operating surplus strengthened from just 1% in FY24 to 15% in FY26, reflecting tighter cost control, improved governance, public-private partnerships, and higher overall operational efficiency. Prime Minister Shehbaz Sharif welcomed the financial results and sought a detailed presentation from the minister.

Focus on Modernisation and Priority Connectivity

The minister briefed the cabinet that Pakistan Railways would press ahead with infrastructure modernisation, stronger regional links, better passenger and freight services, and faster digital transformation.

Abbasi stressed that timely execution of ML-1, ML-3, and the Thar coal rail project is critical for the sustained growth of the state-owned enterprise, as further gains will depend heavily on advancing these priority projects to support freight capacity, coal evacuation, and network efficiency.

The cabinet acknowledged the progress made by the railways team under the prime minister’s supervision. The minister reiterated the commitment to raise the railways’ contribution to national trade facilitation, economic growth, and regional integration.