Fundamentals of financial performance of Indian cement industry
Haresh Budhrani, Aniruddha Sunil Gachake
The cementindustryplaysa very momentous role in the Indian economy. It eases the basic infrastructure facility for the development of India. The Indian Cement industry is the second largest industry throughout the Globe. The cement companies have seen a net profit growth rate of 85 percent in the last decade. With this enormous success, the cement industry in India has contributed almost 9.5percent to India’s economic development. Nowadays, the cement industry is growing faster and contributing tremendously to the economic and social growth of India. To understand theeconomic impact of the cement industry on India’s GDP, it becomes imperative to understand the financial performance of the cement industry. The present study is an attempt to evaluate the financial performance of the Cement Industry of India through financial ratios and other financial and statistical tools and techniques toevaluate the overall financial performance of the cement industry and its exact role in our economy company.