A Study on an Analysis of Profitability Position of Tata Steel Limited
South-Asian Journal of Multidisciplinary Studies, Vol. 3, No. 5, p. 53-63, 2016
10 Pages Posted: 3 Jun 2020
Date Written: July 30, 2016
Abstract
Analysis of profitability is more important to every business organization. Profitability gives an idea of operating efficiency to a firm. Higher profitability shows high performance and lower will indicate the lower performance. The study used only secondary data to attain the objectives of the study. The data take from 15 financial year annual reports of Tata Steel Limited from 2000-01 to 2014-15. To analyze the profitability statement were Simple Percentage Analysis and Ratios are used in the present study. The profitability of Tata Steel (stand-alone) is at the appreciable level. Even then, if it takes some steps by generating internal sources the profitability position will be increased more than the present level.
Keywords: Internal Sources, Profitability, Performance, Simple Percentage, Ratios
JEL Classification: M40, M41
Suggested Citation: Suggested Citation