IMPACT OF WORKING CAPITAL MANAGEMENT ON PROFITABILITY ( A STUDY WITH SPECIAL REFERENCE TO JSW PVT LTD.TORANAGALLU.)

Authors

  • Dr. A.P.HOSMANI SYEDA SHAGUFTA NAAZ Professor and Dean , Department of Commerce, Gulbarga University, Kalaburagi -585106

Keywords:

Abstract

The present paper examines the correlation between working capital and net profit of JSW PVT LTD.TORANAGALLU during the period 2011-12 to 2015-16. Descriptive statistics has been used to calculate the mean and standard deviation of the data and Pearson correlation co-efficient has been used to analyse the correlation at 95% level of significance using Statistic calculator android application. The findings reveal significant highly positive correlation between working capital and net profit. Finally, there exists significant positive relationship between liquidity and profitability, which indicates that JSW PVT LTD.TORANAGALLU has maintained highly excessive level of liquidity during the period under study.

References

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Official website of jindal steels pvt ltd.www.jsw.in

www,investorpedia.com

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Published

2017-04-30

Issue

Vol. 6 No. 5 (2017): APRIL 2017

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Articles

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