Railway Minister Suresh Prabhu shared the details with foreign and domestic investors and bankers over the weekend at a closed door meeting at the BSE. "It's for the first time any government-run organisation has declared its quarterly performance," Prabhu told the investors in a presentation, a copy of which has been seen by reporters.

Total earnings in Q1 rose 14.54 percent, while working expenses grew at a measly 4.22 percent, lower than the targeted 7.68 percent growth during the reporting period. The 108-km new line from Agra to Etawah and a new line from Tuna Port to Gandhidham in Gujarat were commissioned during the Q1, according to the presentation.

Similarly, a 23-km stretch on the Lalitpur-Singrauli line and 122-km long gauge conversion project from Lohanu to Sikar in Rajasthan were also commissioned in the reporting period.

Doubling works of 150 km to de-congest the network was also commissioned during the reporting period. Moreover, the Railways completed electrification of 151 km network during the period. Prabhu while rolling out the red carpet to investors asked them to replicate their success in telecom, power and road sectors as well as the Railways.

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