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AN ANALYSIS OF PROFITS WITHIN THE INDIAN FOOD PROCESSING SECTOR
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Author(s):
SHANTHI R, SELVAM K
Vol - 8, Issue- 12 ,
Page(s) : 81 - 89
(2017 )
DOI : https://doi.org/10.32804/IRJMST
Abstract
India has the tenth-largest arable land resources in the world with 161 million tonnes. With 20 agri-climatic regions, all 15 major climates in the world exist in India. The country also
possesses 46 of the 60 soil types in the world. The planning and control of finance function aims at increasing profitability of the concern. It is true that money generates money. To increase profitability, sufficient funds will have to be invested. Finance function should be so planned that the concern neither suffers from inadequacy of funds nor wastes more funds than required. A proper control should also be exercised so that scarce resources are not frittered away on uneconomical operations. The cost of acquiring funds also influences profitability of the business. For our study, we have considered five companies and the data used for a period of five years.
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