Asia Pacific Journal of Marketing & Management Review_______________________________ ISSN 2319-2836

APJMMR, Vol.5 (12), DECEMBER (2016), pp. 10-20

Online available at indianresearchjournals.com

A STUDY ON THE FINANCIAL HEALTH OF RANA SUGARS LTD.,

CHANDIGARH
MRS, A. ROJAMMAL
RESEARCH SCHOLAR(PH.D.),
M.R.GOVERNMENT ARTS COLLEGE,MANNARGUDI, THIRUVARUR(DT) 614 001
AFFILIATED TO BHARATHIDASAN UNIVERSITY, TRICHY, ERODE,
TAMILNADU,INDIA.

DR. S. BABU
ASSISTANT PROFESSOR,
M.R.GOVERNMENT ARTS COLLEGE, MANNARGUDI, THIRUVARUR(DT) 614 001
AFFILIATED TO BHARATHIDASAN UNIVERSITY, TRICHY,ERODE,TAMILNADU,INDIA.

ABSTRACT
India trimmings the list in sugar production in the world next to Brazil. Being the most popular
country, Indias requirements of sugar are also very large. The demand for sugar is ever on the
increase on account of increasing population as well as due to an improvement in the standards
of living of the masses. Tamil Nadu is one of the major sugar producing states in India and it
contributes on an average of nineteen lakhs tonnes of sugar annually, which is about ten per cent
of the total production of sugar in the country. The present study analyzes the performance of
Sugar Company in Tamil Nadu through financial analysis techniques like ratio analysis. In which
various ratios like short term solvency ratios and long term solvency ratios were calculated.
Mean and Standard Deviation, have been computed from the ratios for further analysis of the
financial data. The study was concluded that the financial performance of the sugar company
have been moderate.
KEYWORDS: Financial Health, current ratio, quick ratio, short term solvency and long term
solvency ratio.
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Asia Pacific Journal of Marketing & Management Review_______________________________ ISSN 2319-2836

APJMMR, Vol.5 (12), DECEMBER (2016), pp. 10-20
Online available at indianresearchjournals.com

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