Indian Journal of Finance
By: Associated Management Consultants (P) Ltd.Single Issue
Single Issue
- IJF-Sep11-Article5-Financial Performance Analysis of Major Ports in India - A Study With Special Reference To Tuticorin Port Trust
- Price : 80.00
- Published on September 2, 2011
- Associated Management Consultants (P) Ltd.
- Issues 356
- Language - English
- Published daily
About this issue
Infrastructure plays a very important role in the economic progress of the nation. 90% of the international cargo is transported by the ships. In this view, the performance of ports plays an important role in the economic development of a nation. Tuticorin Port, a natural harbour with a rich hinterland activated the development of the Port. The main objective of this paper is to analyse the financial performance of Tuticorin Port Trust (TPT). A case study methodology was used in order to collect all the information needed. The study has been done on the basis of secondary data. The secondary data used in this study was collected from the officials of the port, Administrative report of the port, Daily newspapers, Ministry of Commerce, Magazines of the port. In order to analyze the financial performance, Ratio analysis and Trend analysis were used. Major contributors to operating income of TPT were cargo handling and storage income (53% of total operating income). Overall, it may be stated that financial performance of TPT is comfortable. However, in spite of best efforts, the norms of various ratios in the context of Ports could not be obtained.
About Indian Journal of Finance
Indian Journal of Finance, a source of sophisticated analysis of developments in the rapidly expanding world of finance, is a monthly journal with topics ranging from corporate to personal finance, insurance to financial economics and derivatives.