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A business enterprise can discharge its obligations to the different segments of the society only through profit. Profitability is the ability of a firm to generate earnings or revenues in excess of expenses. The primary objective of a business undertaking is to earn profit and continuing profitability is a primary measure of the overall success of a company. The profitability is analysed through the computation of various ratios. Actual profitability is highly sensitive and it affects by product prices, quantities, and cost of production, capital, size, market share and growth of the company. Sugar industry is volatile in nature and commercially utilizes the rural resources to meet the demand for sugar and also generates surplus energy to meet the increasing energy needs. This article is an attempt to analyse the performance evaluation of the selected sugar companies for a period of five years from 2013-14 to 2017-18. To measure the financial performance of selected sugar companies, in terms of Managerial efficiency, Liquidity, Profitability and Solvency position of the companies, ratio analysis has been used. Further one way ANOVA has been used to identify if there exist a significant difference in the mean and performance of different sugar companies.
Keywords:
Liquidity, Profitability, Solvency and Managerial Efficiency of the Sugar Companies
Cite Article:
"A STUDY ON PERFORMANCE EVALUATION OF SUGAR COMPANIES AN EMPIRICAL ANALYSIS", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.3, Issue 9, page no.160 - 164, September-2018, Available :http://www.ijrti.org/papers/IJRTI1809027.pdf
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ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator