Volume : I, Issue : XII, September - 2012

A Comparative Study Of Profitability Analysis Of Selected Steel Industries

Prof. Ketan H. Popat

Abstract :

Steel Ministry, at present, has 12 public sector undertakings (PSUs) including the Steel Authority of India Limited (SAIL), National Mineral Development Corporation (NMDC), Kudramukh Iron Ore Company Limited (KIOCL), Rastriya Ispat Nigam Limited (RINL), Metallurgical and Engineering Consultants India Limited (MECON). these various steel companies are working in India. The profitability ratios are calculated to measure the operating efficiency of the business enterprise. Besides management of the company, creditors and owners are interested in the profitability of the firm. Investor wants to get reasonable return on their investments. This is only possible when the company is having satisfactory profit. For this purpose researcher would like to evaluate the profitability analysis with reference to various ratios like, PBDT to Gross Sales, PAT to Gross Sales, PAT to Net Sales, PAT to Shareholders fund and PAT to Total Assets to examined the financial result of selected steel industries in India. This research give us result of profitability with reference to study period from 2006–07 to 2010–11.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Prof. Ketan H.Popat A Comparative Study Of Profitability Analysis Of Selected Steel Industries Indian Journal of Applied Research, Vol.I, Issue.XII September 2012

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