A STUDY ON THE ROLE OF OPERATIONAL EFFICIENCY IN ENHANCING FINANCIAL PERFORMANCE OF MAJOR INDIAN CEMENT COMPANIES
DOI:
https://doi.org/10.29121/shodhkosh.v5.i1.2024.6048Keywords:
Financial Performance, Operational Efficiency, Indian Cement Industry, Profitability, ROCE, Cost OptimizationAbstract [English]
This study investigates the influence of operational efficiency on the financial performance of leading Indian cement companies. Given the capital-intensive nature of the cement industry, operational efficiency emerges as a critical driver of profitability and long-term sustainability. Drawing on financial data from 2014 to 2024, the research analyzes key operational and financial indicators—including capacity utilization, inventory turnover, operating ratio, and return on capital employed (ROCE)—to examine their correlation with financial performance metrics. The results reveal a significant positive relationship between operational efficiency and profitability, offering valuable insights for corporate managers, investors, and policymakers aiming to enhance performance in the cement sector.
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Copyright (c) 2024 Jaswanth Singh, Dr. Madhuri Puranik
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