Analysis of the Factors That Affect the Financial Performance of Kerala Minerals and Metals Limited by Electronic Monitoring

Abstract

Financial management is frequently labeled as Business Finance / Corporate Finance. Without proper financial management, every business organization or commercial entity will collapse. It is a source of strength and aid. Financial resources are the wealth of an organization that can be used in achieving its goals. Kerala Minerals and Metals Ltd is one of the unsurpassed performing Public Sector Units in India. The present study is related to turnover and its influence on profitability with the help of Electronic monitoring system (EMS) in KMML. Here the researcher has decided to collect data from KMML. The secondary data is used from the period of 2016-17 to 2018-19 for the present study. It is concluded that throughout the year there has been continuous growth noted in the turnover of KMML. But awkwardly, in the year 2018-19, a declining trend was noted in the net profit. Compared to 2015-16, the KMML was able to maintain a growth rate of 50.40 times the net profit in 2018-19. Also, it noted from the Time series, Turnover, and Net profit can be predicted with the support of the Year. Both Turnover and Net profit showed a remarkable value during the year 2023.