A Comparative Study on Value Added Ratios of Ultratech Cement Ltd and Ambuja Cement Ltd

Ashish Premjibhai Chirodiya

doi:10.56209/jommerce.v2i4.42

Authors

Ashish Premjibhai Chirodiya Department of Commerce and Business Administration, Saurashtra University, India

DOI:

https://doi.org/10.56209/jommerce.v2i4.42

Keywords:

Value Added Statement (VAS), Gross Value Added (GVA), Net Value Added (NVA), Value Added Ratio (VAR)

Abstract

This is a comparative study of Ultratech Cement Ltd and Ambuja Cement Ltd. For the comparison Value Added Statement and Value-Added Ratios are used. For the purpose of calculation of Value-Added Statement and Value-Added Ratios data was taken from the annual reports of both companies from 2017-18 to 2021-22. For the purpose of data analysis T-test is used. Important findings of this study are that 4 ratios out of 5 are showing that there is no significant difference between the performance of both companies.

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