Performance analysis of Sugar Industries in Karnataka

Abstract

This research assesses the financial performance of Karnataka's sugar sector during the years 2016–17 to 2022–23. Employing essential financial ratios—Return on Capital Employed (ROCE), Net Profit Margin (NPM), Current Ratio, and Debt-to-Equity Ratio—together with operational indicators, the study explores the industry’s growth path and fiscal well-being. The assessment employs statistical methods such as Compound Annual Growth Rate (CAGR) and Linear Regression to evaluate the hypothesis of enhanced profitability. The findings indicate a notable positive trend in profit margins and financial soundness, pointing to structural enhancements and greater efficiency within the industry.