Volume : V, Issue : VI, June - 2016

PROFITABILITY ANALYSIS OF AUTOMOBILE SECTOR

Aarti Garg, Anju Bala

Abstract :

 Profitability is one of the factors reflected in share price. Therefore it is essential to analyse the profitability of the firm to ensure to achieve the one of the goals of the firm. The study is concerned with comparative study of profitability of selected companies from Automobile Industry. The collected data was analyzed with the help of ratio analysis and ANOVA. It analyzed that the profit earned by the firms are adequate and their rate of return to the shareholders are satisfactory. The study reveals that profitability of Maruti Suzuki and Ashok Leyland from selected companies is satisfactory in some aspects and of Lumax and TVS Motors is not satisfactory in certain aspects. We have also applied ANOVA to check the difference between sample and actual population. Therefore the companies should put more efforts to strive for improved productivity and optimal utilization of available resources. Profitability in long run contributes to sustained growth of the company

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Aarti Garg, Anju Bala PROFITABILITY ANALYSIS OF AUTOMOBILE SECTOR International Journal of Scientific Research,Vol.5, Issue : 6 JUNE 2016

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