A Study on the Profitability Analysis of Media and Entertainment Industry in India - With Special Reference to Select Companies
Journal Title: Scholars Journal of Economics, Business and Management - Year 2017, Vol 4, Issue 4
Abstract
Abstract:The study has been undertaken to analyse the performance of two media and entertainment companies namely, Sun Network Ltd. and Zee Entertainment Ltd. for the period of eleven years from 2005-06 to 2015-16. The researchers used ratio analysis as financial tool and percentage, mean, standard, deviation, co-efficient of variation and compounded annual growth rate (CAGR) as statistical tools. The study used secondary data (accounting data), which were collected from annual reports of the respected companies retrieved from the official websites of the companies. The study found that both the companies are found to be progressing in terms of size based on its total income. CAGR of total income of these two companies are very high. Net profit of these two companies also increased at very high rate during the study period. Eventhough the growth rate of total income of Sun network was higher than Zee Entertainment Ltd., growth rate of net profit was higher for Zee than Sun. Advertisement income of both the companies contributed more than 50 per cent to the total income. Profitability of Sun was found to be good than Zee in terms of net profit ratio, operating profit ratio, Return on Equity, Return on assets and Earnings per share. Keywords:Profitability, operating profit, ratio, equity and income
Authors and Affiliations
G. Priyanga, Dr. L. Ganesamoorthy
The Influence of Business Ethics, Entrepreneurship Behavior, and Organizational Climate on the Performance of Micro, Small and Medium Enterprises Legal Entity through Professional Commitment in Pasuruan City
Abstract:This study aims to analyze the influence of business ethics, entrepreneurial behavior, organizational climate towards professional commitment of MSMEs; analyze the influence of business ethics, entrepreneurial b...
Financial Sector Reforms on the Stock Market: Nigerian Experience (1996-2013)
Abstract: Capital markets in developed economies by undertaking a series of reforms thought to foster development of domestic securities markets. Financial reforms are primarily driven by the need to achieve the objectiv...
Management and Strategies for Entrepreneurship Development in Emerging Economies
Abstract: Entrepreneurship plays an important economic role in economic development with impact of Globalization and Liberalization on Entrepreneurship. The paper sought to identify the management and strategies for deve...
Influence of Type of Degree Programmes on Employability of Graduates: A Case of Kenyan Universities
Abstract:Many countries in Africa are reporting a worrying, rising cases of unemployment. In Kenya despite the rising levels of education, many graduates remain unemployed. Many private universities and public universiti...
Creating a Loch of Satisfied Employees through Demographic Variables in Star Category Hotels
Hotels are the crucial component of hospitality industry as the industry is a customer oriented industry. Hotels contribute to the sector by offering services and facilities of extremely high standard. Now-a-days a numbe...