An analysis of cost and profitability trendsinjk cement limited in India
Keywords:
Trend and Pattern, Cost and Profit, Turnover, Employee Cost, Raw Material CostAbstract
The cement industry is the primary sector of Indian economy as it accounts for a significant portion of total industrial productivity. After China, India's cement sector ranks second in the world in terms of cement output. It produces quality cements but lack in profitability and return on investment, which ultimately affects trend and pattern of cost and profit of JK cement limited. Cost and profit is the key decision in financial affairs of a firm. The study considered a period of ten years data from 2010-11 to 2019-20. The cost, volume of turnover and profit are estimated. In conclusion, it was found that raw materials, power and fuel cost, employee cost, selling, administration and miscellaneous expenses, volume of sales and profitability of the firm are increased during the period.
Downloads
References
Egbide, B. C., Uwuigbe, O. &Uwalomwa, U. (2013). Liquidity management and profitability of manufacturing companies in Nigeria. IOSR Journal of Business and Management, 9(1), 13-21.
Hoque, M.A., Mia, M.A. & Anwar, S.M.R. (2015). Working capital management and profitability: a study on cement industry in Bangladesh. International Journal of Information Technology and Business Management, 36(1), 82-96.
Krishnakumar, P., John, S.F. &Senith, S. (2013). A study on the progress of Indian cement industry. British Journal of Marketing Studies, 1(1), 1-15.
Mohamed, S. & Mohamed, B. (2015). Liquidity and profitability analysis of India cements limited. International Journal of Business and Administration Research Review,2(12), 51-55.
Naik, V.D. & Patel, A.D. (2014). To measure profitability ratio of selected cement companies in India. Kadakia International Journal of Research in Multidiscipline,1(2), 43-63.
Sakthivel, T. (2014). A study on financial performance of selected cement industries in Tamil Nadu state. International Journal of Recent Research and Applied Studies,1(4), 10-15.
Srinivasan, T. &Narayanasamy, M.T. (2015). An empirical study of profitability analysis of Neyveli Lignite Corporation Limited. Global Journal for Research Analysis,4(6), 23-41.
Venkatacham, R. &Kasthuri, V. (2016). A study on financial performance of cement industry in India. International Journal of Applied Research,2(9), 778-780.
Singh,B. and Singh, M. (2016) Impact of Capital Structure on Firm’s Profitability: A study of selected listed Cement Companies in India.Pacific Business Review International, 8(7), 46-54.
Published
How to Cite
Issue
Section
Copyright (c) 2022 International journal of health sciences
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Articles published in the International Journal of Health Sciences (IJHS) are available under Creative Commons Attribution Non-Commercial No Derivatives Licence (CC BY-NC-ND 4.0). Authors retain copyright in their work and grant IJHS right of first publication under CC BY-NC-ND 4.0. Users have the right to read, download, copy, distribute, print, search, or link to the full texts of articles in this journal, and to use them for any other lawful purpose.
Articles published in IJHS can be copied, communicated and shared in their published form for non-commercial purposes provided full attribution is given to the author and the journal. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
This copyright notice applies to articles published in IJHS volumes 4 onwards. Please read about the copyright notices for previous volumes under Journal History.
