Just see the Falling Trend of "OPERATING RATIO" of Indian Railways:(After FY 2010 it starts falling)
Attached Image:
Graph of Operating Ratio of Indian Railways from FY 2007 to FY 2016
Image Link: click here
What...
more... is OPERATING RATIO?
Ans: DEFINITION of 'Operating Ratio'
A ratio that shows the efficiency of a company's management by comparing operating expense to net sales. Calculated as:
Operating Expense
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Net Sales