An Analysis Of Production, Productivity And Profitability Performances Of Select Co- Operative Sugar Mills In Tamil Nadu

Abstract

Indian sugar Industry supports 5 crore farmers and their families and plays a vital role in the development of India. It has been instrumental in providing income, employment generation and creating social infrastructure in rural areas. Hence, successful performance of sugar mills is most essential for its growth and survival for bring out social economic changes in rural India. Sugar mill’s overall successful performance depends on its production, productivity and Profitability. This article focuses on production, productivity and Profitability of three select co-operative sugar mills in Tamil Nadu. The regression analysis shows that sugar production depends on cane crushed and recovery percentage. It also shows that the total Cost Productivity depends on material cost productivity, Conversion Cost Productivity and Overhead Cost Productivity. Financial performance shows that there is significant association between ROA and Asset Efficiency. It also shows that there is significant difference in Overhead Cost productivity. It is inferred from the study that sugar production, productivity and profitability can be significantly tuned with the associated variables so as to achieve the goal of enhancing profitability.