International Journal of Commerce and Management Research

International Journal of Commerce and Management Research






ISSN: 2455-1627


International Journal of Commerce and Management Research
International Journal of Commerce and Management Research
Vol. 5, Issue 2 (2019)

Earnings per share in FMCG sector of India


Dr. Hiral Desai

In this research paper author have attempted to measure the profit available to the Equity Shareholder of growing FMCG sector of India during 2004-05 to 2013-14 by taking a sample of 14 FMCG companies listed on BSE or NSE or both which are functioning in the India. Then the researcher have collected 10 years Earning Per Share Ratios of 14 companies for the period 2004-05 to 2013 -14 and found out composite Earning Per Share ratios using ‘paid-up share capital’ as weight and found out weighted mean of these ratios for the FMCG Sector of India. Researcher have applied Mann- Kendall Trend detection test for testing the hypothesis. The study concluded that as far as Earnings per share ratio is concerned, there is no trend in the series of Earnings Per Share ratio. The study concluded that from 2004-05 to 2008-09, EPS has increased from Rs.8.60 to Rs.12.07. However, after that it has declined and reaches to Rs.7.59 in 2010-11 and then after again it has reached to Rs.13.11 in 2012-13. EPS has fluctuated during the decade, which is not desirable from the viewpoint of equity shareholders.
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