A STUDY ON PROFITABILITY ANALYSIS OF TATA MOTORS LIMITED IN INDIA

The purpose of this study is to profitability relationship between the dependent (DER) and independent variables (current ratio, return on asset, asset structure, return on equity, interest coverage ratio) in the model of the Tata Motors Limited in India from the financial year 2015-2024. Data are analyzed using correlation and regression analysis to find the association between the variables. The results show that current ratio and interest coverage ratio have a significant impact on DER. The results also show Asset Structure and Interest Coverage Ratio negatively associated with Debt-Equity ratio. These results are consisting with previous empirical studies. Further, recommendations are presented in the research