Profitability Analysis of Selected Oil Refinery Companies in India
Journal: International Journal of Science and Research (IJSR) (Vol.10, No. 11)Publication Date: 2021-11-05
Authors : Sunilkumar B. Tailor;
Page : 538-542
Keywords : Gross Profit Margin; Operating Profit Margin; Net Profit Margin; Return on Net Worth; Return on Capital Employed; Return on Assets;
Abstract
In this Research paper, analysis of profitability of Selected Oil Refinery Companies in India is undertaken. For the purpose of study, five Oil Refinery Companies are selected. Profitability ratios considered for the purpose of analysis are Gross Profit Margin, Operating Profit Margin, Net Profit Margin, Return on Net Worth, Return on Capital Employed, and Return on Assets. For the purpose of analysis statistical tools applied like average, standard deviation and ANOVA test.
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