A Study On Impact Of Working Capital Management On Profitability (A Case Study Of Crompton Greaves Ltd)

Abstract

Our aim in this research is to investigate how working capital management effects on profitability. We examine the various aspects of working capital management that have an impact on an organization's bottom line. For this study, we therefore take into account the independent variable (Cash, Inventory & Receivable) and dependent variable (Profit). The mean, standard deviation, and tests of the significance of the relationship between the topic's independent and dependent variables are other study tools for this area. To test the variables, correlation was used. The hypothesis is validated by the "t" test, the results of which are used to assess the analysis. Using analysis, statistics, and many performance measuring ratios from 2018–19 to 2022–23, the study shows how a subset of enterprises favorably influenced the organization's profitability.