Financial Analysis of Selected Pharmaceutical  Companies in India with Special Reference to Gross  Profit to Sales Ratio

Dhulia Hirenkumar Kantilal

Volume : II, Issue : II, November - 2012

Financial Analysis of Selected Pharmaceutical Companies in India with Special Reference to Gross Profit to Sales Ratio

Dhulia Hirenkumar Kantilal

Abstract :

The Gross Profit Margin is a measurement of company’s manufacturing and distribution efficiency during the production process. Gross Profit is the profit in sales after deducting all the trading expenses like the cost of raw materials, the direct expenses on purchases, excise duty, etc. the effect of stock adjustment is also given along with deducting factory overheads at this stage and the result is gross profit here in this research paper I try to make the analysis of gross profit to sales ratio among top ten pharmaceutical companies in India. Where as ANOVA test is used to analyse the efficiency of various companies. Statistical result shows that there is a significance difference between in the gross profit to sales ratio among different companies under study as well as different years of each company