Journal
| Title | A Comparative Analysis of Profitability of SAIL and RINL | |
| Author's Name | Akhilesh Shukla | |
| ISSN | 0974-7281 | |
| Page(s) | 40-50 | |
| Volume No. | 6 | |
| Issue Month | July 2014 | |
| Keywords | Creditors, F-test, Gross Profit Margin, Indian Steel Industry, Mean, Net profit, Net Profit Margin, Profit, Profitability, Return on Investment Ratio, RINL, SAIL, Sales. | |
| Abstract | This paper makes a comparative analysis of profitability of selected two public sector units from Indian Steel Industry. India is among the top producers of all forms of steel in the world. Availability of low cost of human resource and preference of abundant resources make India competitive in the global set up. Finance is needed for day to day operation. It is considered as a life blood for business. Profitability is the profit earning capacity which is a crucial factor contributing for the survival of the firms. Here I have examined the adequacy of the Profitability of these two firms SAIL and RINL. The objective of this study was to make a comparative profitability analysis of SAIL and RINL through profitability ratios. Profitability is a measure of efficiency and control. It indicates the efficiency or effectiveness with which the operations of a business are carried on. These potential changes can be analyzed with a support of income statement and balance sheet. The study is purely based on secondary data. Profitability position is mainly determined by the direct and indirect expenses and Ftest of ROI of selected steel company. |
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