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Profitability Position of Aditya Birla

Profitability Position of Aditya Birla

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Published by: Palmodi on Jul 06, 2010
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11/16/2012

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AssignmentOf Accounting for ManagersOn Profitability PositionOf ADITYA BIRLA GROUP
Submitted To: Submitted by:LOVELY PROFESSIONAL UNIVERSITY2008-10
 
Meaning of Ratio Analysis
Ratio Analysis is a technique of analysing the financialstatements and refers to analysis of financialstatements by computation of ratios so as to provide ameaningful understanding of the performance andfinancial position of an enterprise.Ratios , as tools for establishing true profitability andfinancial position of a company , may be classified as
1.Liquidity Ratios2.Solvency Ratios3.Activity Ratios4.Profitability Ratios
Here we have to do Interfirm Comparison of acompany,
Aditya Birla Group
, on the basis of Profitability Position. So, in order to do Interfirmcomparison, we are comparing it with
ACC Cements.
For that first we need to understand about ProfitabiltiyRatios as to why they are calculated. The main objectof an enterprise is to earn profit. Profit as compared tothe capital employed indicates profitability of theconcern. If a concern goes on losing, its financialcondition will definitely be bad sooner or later. Thus, ameasure of profitability is the overall measure of efficiency.
About Aditya Birla Group
 
A US $28 billion corporation, the Aditya Birla Groupis in the league of Fortune 500. It is anchored byan extraordinary force of 100,000 employees,belonging to 25 different nationalities. In India, theGroup has been adjudged "The Best Employer inIndia and among the top 20 in Asia" by the Hewitt-Economic Times and Wall Street Journal Study2007. Over 50 per cent of its revenues flow fromits overseas operations. The Group operates in 25 countries — India, UK,Germany, Hungary, Brazil, Italy, France,Luxembourg, Switzerland, Australia, USA, Canada,Egypt, China, Thailand, Laos, Indonesia,Philippines, Dubai, Singapore, Myanmar,Bangladesh, Vietnam, Malaysia and Korea.Globally the Aditya Birla Group is:::A metals powerhouse, among the world'smost cost-efficient aluminium and copperproducers.Hindalco-Novelisis the largest aluminium rolling company. It is one of thethree biggest producers of primaryaluminium in Asia, with the largest singlelocation copper smelter::No.1 inviscose staple fibre:: The fourth largest producer of insulators :: The fourth largest producer of carbon black

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