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.