AN EXAMINATION OF THE USE OF PROFITABILITY ANALYSIS OF SELECTED AUTOMOBILE COMPANIES

The Indian automobile plays major role in the world’s automobile market. Automobile industry covers two wheelers, three wheelers, commercial vehicles and passenger vehicles. This paper measures the profitability and also to analyze the effects of different factors on the profitability of Indian Automobile industry. Profit is the lifeline of any business firm. Profit means more income than expenditures. Profitability means capacity to earn profit from all the business activities of an organization. Five automobile companies are selected for this study. Secondary data is used for this research paper. The period for the study is 5 years from 2014-15 to 2018-19. With a view to achieve objectives of the study various profitability ratios are calculated.

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Keywords: Profit, Profitability, Automobile Sector, Mean, Ratios Analysis.


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