International Journal of Management, IT and Engineering
  • Year: 2016
  • Volume: 6
  • Issue: 7

Determinants of Profitability of Selected Housing Finance Corporations in India

  • Author:
  • V. Mohanraj, S. Sounthiri
  • Total Page Count: 12
  • Page Number: 40 to 51

* Associate Professor, PG and Research, Department of Commerce, Sri Vasavi College, Erode

** Assistant Professor of Commerce (CA), Vellalar College for Women, Erode-12

Online published on 27 February, 2017.

Abstract

An attempt has been made in this paper to explain the factors determining profitability of selected Housing Finance Corporations in India. The empirical analysis has been done by using Linear Regression Model. It is based on the secondary data for the period of 10 years from 2003–04 to 2012–13. The analysis reveals that Interest expenses, and Non-interest expenses, Long Term Debt, Net Working Capital, Growth, Inflation, GDP and Size were found to be an important determinants of profitability of selected Housing Finance Corporations. However, inflation and GDP does not have significant impact on the profitability of sample firms. It is concluded that the profitability significantly influenced by Interest Expenses, working capital, debt and size of the firms

Keywords

Return on Capital Employed, GD, Inflation, Interest and Non-interest Expenses and Net Working Capital