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TABLE 4.1 EMPLOYEE COST TO TOTAL EVENUE (in %)

YEAR

RATIO

2013-14

49.5

2014-15

51.0

2015-16

50.9

2016-17

52.2

2017-18

53.9

AVERAGE

51.5

Source: Annual Reports of the Company

EMPLOYEE COST TO TOTAL EVENUE 55 54 53 52 51 50 49 48 47 2013-14

2014-15

2015-16

2016-17

2017-18

Interpretation: 1. The percentage of employee cost to total revenue was highest in the year 2017-18 with 53.9 per cent followed by 52.2 per cent in the year 2016-17, 51 per cent in 2014-15, 50.9 per cent in 2015-16 and 49.5 per cent in the year 2013-14. 2. In the period of study, the average percentage of employee cost to total revenue was 51.5 per

cent.

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