Volume : V, Issue : III, March - 2016

ANALYSIS OF EFFICIENCY AND PROFITABILITY OF THE INDIAN OIL CORPORATION LIMITED

Dr. Amit Kumar Nag, Dr. Binoy Arickal

Abstract :

 The purpose of this paper is to investigate the Indian Oil Corporation’s profitability and to identify the variables that most affects its profitability. In this study, we have analyzed the profitability position covering a period of 8 years from 2007-08 to 2014-15. In this study, we have used ratio analysis techniques to study the profitability position of IOCL. Ratio analysis is considered as an important tool for financial analysis. It is a tool which helps in the analysis and interpretation of the financial strength of the firm. By scrutinizing the result of various ratios it can be stated whether the profitability position of the firm is strong, good, questionable or poor. This analysis helps us to know whether the organization is growing or deteriorating. Profitability has been measured in terms of operating profit ratio, net profit ratio, return on gross capital employed ratio, return on net capital employed ratio, etc. Pearson’s correlation and analysis are used in the study.

Keywords :

Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

DR. AMIT KUMAR NAG, DR. BINOY ARICKALANALYSIS OF EFFICIENCY AND PROFITABILITY OF THE INDIAN OIL CORPORATION LIMITED Global Journal For Research Analysis, Vol: 5, Issue : 3 March 2016


Number of Downloads : 552


References :