A study on the financial performance & problems faced by the cement industry in India

Abstract

The Indian cement Industry is the second large market after China. The cement companies have seen a net profit growth rate of 85 per cent. With this huge success, the cement industry in India has contributed almost 8 per cent to Indias economic development. Nowadays, the cement industry is growing fast and to know, how the financial performance of the cement industries playing a vital role in India. For this, to analyse the Financial Performance, to measure the balance sheet of financial feasibility, to identify the factors that influences the profitability status of the selected cement companies. In the present study data has been collected by using secondary source. The data is collected from annual report, books, internet, magazines, newspaper etc. The following tools which were used in the research study is Trend analysis, Ratio analysis, Anova for testing the hypothesis. The financial performance study of the chosen automotive industry not only improves our comprehension of the economic environment of the sector but also offers a framework for promoting competitiveness and sustainable growth in a constantly shifting global market.