FINANCIAL PERFORMANCE OF RASHTRIYA CHEMICALS AND FERTILIZERS (RCF) LTD: A CASE STUDY
Journal: International Journal of Business Management & Research (IJBMR) (Vol.11, No. 1)Publication Date: 2021-06-30
Authors : SANGITA WARADE; KIRAN JAYADE;
Page : 81-86
Keywords : RCF; Income; Expenditure & Profit;
Abstract
The Rashtriya Chemical and Fertilizers in large company working in agri-input sector, particularly in fertilizers sectors. It is a public sector undertaking firm. The performance of RCF is important for every pillar of the company. The financial performance will focus on the gains and weakness of the company. It will act as a guideline for improvement of the company as well as for other companies. Financial performance is very important for the investors and all factors of production because it is the source of income and their livelihood. The objective of the study is to find growth in the income, expenditure and net profit of the company. For this purpose, quarterly data is collected from money control for 10 years for standalone company. It is found that the net income of the RCF company is slowly declined over the period of 10 years. The rate of increase in expenditure is more than the rate of increase in income and this led to a decline in net profit. The company may concentrate on increasing expenditure and can make efforts towards the minimization of the expenditure. The company may bring optimization by reducing cost and increasing income.
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Last modified: 2021-06-18 17:13:49