A Comparative Analysis of the Profitability of Selected Tea Companies in India
Year: 2025
Type: article
Abstract: Tea has been consumed for about 5,000 years worldwide. Tea, the second most widely consumed beverage globally after water has rich history deeply intertwined with Chinese culture. The study is carried out to analyse the profitability of three tea companies selected for the period from 2013-14 to 2022-23. The study uses ANOVA for the analysis purpose. The study found that United Nilgiri Ltd. consistently outperformed the other two companies in terms of profitability, Goodricke Group Ltd. showed modest profitability with average returns on equity and assets while Mcleod Russel India Ltd. exhibited significant financial challenges, with negative average profitability
Authors: Dr. R. K. Patel, B. J. Barot
Institution: Gujarat University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6968415965
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