LAHORE - The Pakistan Railways has earned Rs 5.94 billion in the first quarter (Jul-Sep) of the current fiscal year against Rs 4.49 billion in the same period last year through passengers as well as freight trains, showing a significant rise of 33.4 per cent in revenue. Railways authorities Wednesday claimed that both cargo as well as passenger sectors performance remained better during the first three months when it compared to the corresponding period of 2007-2008. Passenger trains revenue increased by 484 million to reach over Rs 3 billion while they earned Rs 2.58b during last year. Similarly, earnings from the freight sector climbed by 42pc and from passenger sector by 19pc. On the contrary, the railway trains punctuality rate was down by two per cent, as in July last year percentage of trains reaching destination in time was 79, which fell to 77 per cent this year. However, the punctuality rate in August and September this year improved, as it rose to 82 per cent last August from 78 per cent in August 2007, and to 88 per cent from 80 per cent in September last year. Freight sector loaded 92,380 wagons against 85,186 wagons during the same period last year, showing an increase of 7,194 wagons. It yielded Rs 1.84 billion, which amounts to Rs 533.7 million more compared to last year's earnings.