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Impact Factor : 8.14

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Paper Title: FINANCIAL PROFITABILITY ANALYSIS OF MEDICAL INDUSTRY IN INDIA
Authors Name: Dr. MUKESH SINGH CHANDEL
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IJRTI_184304
Published Paper Id: IJRTI2206345
Published In: Volume 7 Issue 6, June-2022
DOI:
Abstract: This research analyzes the effect of the capital structure on the valuation of selected MEDICAL firms in India. These businesses differentiate between high capital investment on R&D and a long period of time between original researches and, finally, the selling of a drug. Once a MEDICAL medication hits the market, the firm must determine how high the premium the company would be looking for to deliver a fair return on its investment in the shortest amount of time. The industry of their country has improved well in recent past. It is well known that the MEDICALs industry is one of the keys to earning foreign currency. Thus, the study is relevant that it could inform the major Pharma companies about the financial areas to be improved upon and in which area they need to concentrate for improving their performances and finally improve the image of the Indian Pharms industry and medicines in the world. The financial assessment of a company has been the topic of debate among policy leaders as administrators, planners, economists and research workers for several years. It is a method of calculating the effects of monetary policies and activities of a company. Financial performance review shall involve the examination and evaluation of the financial results in such a manner as to allow a complete diagnostic of the viability and financial soundness of the company. This study is based upon the 5 Pharma companies i.e., Sun MEDICAL Industries Ltd., Dr. Reddy’s Laboratories Limited, Cipla Limited, Lupin Limited and Aurobindo Pharma Limited were selected for the study with the period of study from March 2016 to March 2020. The ANOVA analysis result revealed that there is a significant difference in the Profit of the selected MEDICAL companies during the period of study.
Keywords: Financial Performance, MEDICAL Companies, ANOVA analysis, India
Cite Article: "FINANCIAL PROFITABILITY ANALYSIS OF MEDICAL INDUSTRY IN INDIA", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 6, page no.2388 - 2392, June-2022, Available :http://www.ijrti.org/papers/IJRTI2206345.pdf
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ISSN: 2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID: IJRTI2206345
Registration ID:184304
Published In: Volume 7 Issue 6, June-2022
DOI (Digital Object Identifier):
Page No: 2388 - 2392
Country: KARAULI, RAJASTHAN, India
Research Area: Commerce
Publisher : IJ Publication
Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2206345
Published Paper PDF: https://www.ijrti.org/papers/IJRTI2206345
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED, Journal Starting Year (ESTD) : 2016

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