International Journal of Applied Research
Vol. 2, Issue 2, Part B (2016)
A study on impact of cost structure on financial performance of selected pharmaceutical companies in India
Dr. JP Kumar, S Vimala
In a competitive business world cost plays an important part in the profits. The Manufacturing companies should concentrate on cutting cost to improve profitability. Since the financial performance of a company is directly measured by Profitability of a firm, financial analysis is an important for every business organisation to enhance their performance, competitive strength, to reduce the cost and to access their financial stability and profitability of the firm. The firm can have high profits by increasing their sales and having economical cost of production or minimize the cost of production. The Indian Pharmaceutical industries are developing drastically. Hence, an attempt is made to identify several costs that influence the financial performance of the selected pharmaceutical industries by applying descriptive statistics i.e. mean, standard deviation, co-efficient of variation, minimum and maximum value.
How to cite this article:
Dr. JP Kumar, S Vimala. A study on impact of cost structure on financial performance of selected pharmaceutical companies in India. Int J Appl Res 2016;2(2):90-94.