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Indian Railways Spent Rs. 111 for Every Rs. 100 Earned in Q1
August 29, 2018
During the first quarter of the financial year 2018-19, Indian Railways set a high operating ratio of 111.51% which means that for every Rs. 100 it earned, it has spent Rs. 111.51. This reflects low traffic growth against the target and increased expenses.
Operating ratio measures expenses as a proportion of revenue. It is used to assess an organization’s operational efficiency and performance.
Photo credit: B V Ashok on Visualhunt.com / CC BY
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