期刊名称:Mizoram University Journal of Humanities & Social Sciences
印刷版ISSN:2395-7352
出版年度:2018
卷号:4
期号:1
页码:76-90
语种:English
出版社:Mizoram University
摘要:Financial performance is a subjective measure of how well a firm can use its assets from its primary mode of business and generate revenues.Financial performance is also used to measure the overall financial health of the firm during a given period of time and can be used to compare the similar firm across the same industry or to compare the industries or sectors in aggregation.In India some foreign multinational companies and some public sector undertaking are engaged in manufacturing of capital goods.Out of which one Navaratna and one Maharatna company is select for the study.The objectives of the study is to analyze profitability and management efficiency of the two select Public Sector “Maharatna” and “Navaratna” companies manufacturing capital goods and to analyze correlation between profitability and management efficiency of the two select public Sector “Maharatna” and “Navaratna” companies manufacturing capital goods.In case of Bharat Heavy Electricals Limited (BHEL) while considering the correlation between the profitability ratios and management efficiency ratios,with exception in some cases there is a positive correlation exist between all the profitability ratios and management ratios of BHEL which have taken into the consideration for the study.In case of Bharat Electronics Limited (BEL) there is both positive and negative correlation between profitability and management efficiency ratios.But the value of the co-efficient of correlation between profitability and management efficiency ratio of BHEL is higher than that of BEL.