October 2023
Darshan - The International Journal of Commerce and Management (DIJCM)
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October 2023
Darshan - The International Journal of Commerce and Management (DIJCM)
April 2023
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60 Reads
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1 Citation
Journal of Social Commerce
This is a correlational study on Ultratech Cement ltd. The main objective of this study is to find out whether there is any kind of relationship do exist between Value Added (VA) and Profit. Here Value Added (VA) includes Gross Value Added (GVA) and Net Value Added (NVA) only. To find out if there is any relation exist between those variables correlational analysis is used. To fulfil the objective of study, the data of 7 years (from 2015-16 to 2021-22) is taken from the annual reports of the company and analysed by preparing Value Added Statement (VAS). It is found out that there is actually a strong positive correlation exist between Value Added (VA) & Profit (Gross Value Added (GVA) & Profit and Net Value Added (NVA) & Profit).
... The analysis of Net Value Added (NVA) to Sales Ratio indicates the efficiency of Ambuja Cement Ltd's operating activities (Chirodiya & Parmar, 2023). The observed fluctuations in this ratio underscore the company's ability to generate value from its sales operations. ...
April 2023
Journal of Social Commerce