International Journal of Research and Scientific Innovation (IJRSI)
Financial Performance and Operational Efficiency of Indian Railways: An Econometric Analysis
Published June 20, 2026 • Vol. 13, Issue 6, pp. 747–751Open Access
DOI: 10.51244/IJRSI.2026.1306000047
Abstract
Using annual data from 2014–2024, this study examines the relationship between operational efficiency and financial performance of Indian Railways. Key variables include operating ratio, freight tonne-km, passenger km, electrified route km, and macroeconomic controls such as GDP growth and inflation. Econometric analysis using ARDL and regression models reveals that improvements in freight and passenger efficiency, as well as electrification, are significantly associated with better financial performance. Policy implications include targeted productivity reforms, dynamic pricing, and strategic capital allocation.
Keywords: Indian Railways, Operational Efficiency, Financial Performance, Econometrics, ARDL
| Journal | International Journal of Research and Scientific Innovation (IJRSI) |
|---|---|
| ISSN | 2321-2705 |
| Volume / Issue | Volume 13, Issue 6 |
| Pages | 747–751 |
| Publication date | June 20, 2026 |
| DOI | 10.51244/IJRSI.2026.1306000047 |
| Publisher | RSIS International |
| License | Open Access |
How to cite this article
Ajit Kumar Mishra, & Dr. Shiv Narayan Sharma (2026). Financial Performance and Operational Efficiency of Indian Railways: An Econometric Analysis. International Journal of Research and Scientific Innovation (IJRSI), 13(6), 747-751. https://doi.org/10.51244/IJRSI.2026.1306000047
BibTeX
@article{Ajit2026,
title = {Financial Performance and Operational Efficiency of Indian Railways: An Econometric Analysis},
author = {Ajit Kumar Mishra and Dr. Shiv Narayan Sharma},
journal = {International Journal of Research and Scientific Innovation (IJRSI)},
volume = {13},
number = {6},
pages = {747--751},
year = {2026},
doi = {10.51244/IJRSI.2026.1306000047},
publisher = {RSIS International}
}