Analysis of Corporate Profitability A Statistical Approach

In recent years, India has made commendable advance on the industrial front. The process of industrialisation and r the growth of the corporate sector are inter-related and inter-dependent. As such the corporate sector in India has made rapid strides. The growth of a joint Stock Company is based on its success and profit is the primary test of the success of an enterprise. The private corporate sector in India has witnessed drastic changes in its structure of finance since 1956.The present study is on the whole an analytical research on the trend and pattern of profit ability of the public limited companies in the private sector of Eastern India from 1984-85 to 1993-94. The study will be useful to the corporate sector in India in general, and the entrepreneurs, financial managers, financial institutions, investors, policy makers and researchers in particular for evaluating the profitability of any business enterprise.