RELATION BETWEEN PROFITABILITY AND ASSETS MANAGEMENT: AN EVIDENCE FROM INDIAN IT SECTOR

The contribution of IT sector in Indian economy is of utmost importance. In the present age with the increasing pressure of competition mainly because of globalization, the IT industry has compelled to restructure their financial policies to tackle difficulties and ensuring their survival and growth. In this context efficiency in which IT companies managing their assets plays an important role. In fact, efficiency in managing assets have a significant influence on earning capability of the sector. Over this background, the present work evaluates the relationship between# profitability and assets management of ten select IT firms during the period from 2008-09 to 2017-18. The study has used appropriate statistical measures.