INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
The main persistence of a business unit is to make a profit. The profitability analysis is done to throw light on the current operating performance and efficiency of business firms. It would be accordingly noted that net income character alone is not very helpful in defining the efficiency and performance of the business firm unless it is related to some other figures such as sales, net profit, operating expenses, capital employed, etc. Thus, the profitability ratios are calculated to enlighten the result and comparison of business firms which is the sole criterion of the overall efficiency of the business concern.
Keywords:
Net Profit Ratio, Operating Profit Ratio, Return on Capital Employed, t-test
Cite Article:
"A study of Profitability Analysis between Oil & Natural Gas Corporation (ONGC) & Reliance Industries Ltd.", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 4, page no.a735-a742, April-2023, Available :http://www.ijnrd.org/papers/IJNRD2304096.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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