Abstract:
Profit rate is a wide glance at how gainful a venture has been, by means of existing marketplace information to inspect industry expenses. Thus, profit rate is the comparative profitability of an enterprise. It is analogous to the notion of the pace of income on investment made by an enterprise. In practice, ROI indicates the effectiveness of diverse investments of a firm. In particular, ROI gauge the income in terms of the cost of its investment. The agro industry has generated both positive and negative returns, with negative returns are observed in most of the cases. Thus, agro industry has not produced the preferred outcome during the period under study. The profit rate performance of the agro industry at aggregate level as appraised in this study may act as a baton to the Govt. for generation of positive profit returns by adopting suitable steps. In this respect, essential measures like cost minimization, suitable pricing and optimum utilization of resources would go a long way to improve the profit returns of agro industry in Indian CPSEs. The study is restricted at aggregate level. Moreover, only investment ratios are used in the cram. Therefore, future research may be carried out at disaggregate level within agro industry in Indian CPSEs.
|