Comprehensive Evaluation of Financial Performance: A Strategic Assessment of Karnataka State Road Transport Corporation (KSRTC)"

This study evaluates the financial performance of the Karnataka State Road Transport Corporation (KSRTC) from 2018–19 to 2022–23, focusing on operational efficiency, cost management, and revenue sustainability. Using ratio analysis, trend assessment, and comparative evaluation, the research identifies persistent financial challenges, including high operating ratios (>100%), rising employee and fuel costs, and underutilized non-operational revenue streams. Findings reveal structural inefficiencies exacerbated by pandemic disruptions, subsidy delays, and rigid fare policies. Strategic recommendations include cost rationalization through fleet modernization, workforce optimization, revenue diversification via advertising and logistics services, and technology adoption for real-time financial monitoring. The study underscores the need for policy reforms, performance-linked subsidies, and data-driven decision-making to ensure long-term fiscal viability while maintaining KSRTC’s social service mandate.