PROFITABILITY ANALYSIS OF SELECTED NEWSPAPER COMPANIES IN GUJARAT STATE
Keywords:
Profitability Ratios, ANOVA, Newspaper CompaniesAbstract
The company's primary goal is profit, which is defined as the difference between sales and costs. All parties involved in the firm keep a close watch on profit, which is the most significant aspect of its financial success. One method for determining financial performance is ratio analysis. This study examines profitability analysis with a focus on a few Indian Newspaper companies. The Present study is based on totally secondary data, which is collected from annual reports of selected newspaper Companies in Gujarat state from the period of 2016-17 to 2020-21. The main objective of this study is to examine the profitability analysis of selected newspaper companies in Gujarat state. In this study, the researcher used various ratios of profitability to achieve our objective of the study. The analysis of variance (ANOVA) has been used for analysing the collected data. There is a significant difference between the profitability ratios of selected newspaper companies in Gujarat state.
References
I. Maisuria and Allad (2016) in their research paper titled “Profitability Ratio Analysis of Selected Indian IT Companies” International Multidisciplinary E-Journal, 5(2) pp. 207-220.
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IV. Neha Mittal (2018), “Determinants of capital structure of Indian industries”, Journal of Accounting and Finance, Volume 25, No: 1, PP.32-40.
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