METRO’S OPERATING RATIO DOWN BY 10.79%
Metro Railway has registered an excellent financial performance in the last financial year 2018-19.
ØThe overall earnings in the last fiscal was Rs.234.87 crores, which is a record 11.77% more than 2017-18.
ØPassenger and Sundry earnings have shown a growth of 3.99% and 105.13% respectively in the last fiscal.
Ø By adopting various expenditure control mechanism, Metro Railway’s total expenditure has dipped by 0.51% in the said period and is one of the best financial performances by any Zonal Railway.
ØThe operating ratio has dipped from 278 in 2017-18 to 248 in 2018-19, a decrease by 10.79%. This confirms a robust improvement in Metro’s financial health.
ØThe earnings from commercial publicity advertisement has also shown phenomenal growth and has attained the 3rdposition among all Zonal Railways.
ØIn 2018-19, Metro has also been able to utilize 98.50% of the grant in executing different Metro projects.