A Study on the Measurement of Profitability Efficiency of Selected Pharmaceutical Companies in India

The pharmaceutical industry is the one of the back bone of Indian company, which has rapidly growing industry in the world; the pharmaceutics industry complied with small scale, medium scale and large scale firms. The companies belongs to manufacturing industry has to concentrate of operating cost, the operating cost is one of the major deciding factors in determination of profitability, profitability is key objectives of all types of business. The manager has to concentrate more on the improvement of profitability, the determinants of profitability covers in the area of operating functional department and mainly the financial area to be concentrated more than other functional areas. In order to improve profitability of companies financial liquidity, solvency, cost management should be focused. Profitability is ability of company to improve or increase the trading profit or income. in order to find the strength and weakness towards profitability of firm the present study is undertaken, this study is descriptive nature, the selected pharmaceutical companies profitability measures by descriptive statistic method and Anova, finally it conclude that the selected companies having good ability to maintain profit.