Variance analysis of cost structure in selected cement companies in India
Dr. RK Motwani, Mudit Sharma
Cement industry plays critical role in infrastructural development in all economies irrespective of its state of development. The present study aims to find out how critical role the different cost components play in its overall cost structure which ultimately decides the profitability. The prime objective of the present paper is to study the cost structure of selected cement companies in India to find out the variations in share of different components of total cost within the companies over a period and across the companies as well. The paper finds wider difference among the policies of different companies and generalizes that the cost structure of the companies under study varies to greater extent. This establishes the scope for formulating strategies about cost structure for increasing profitability.