Research Scholar at
Present study empirically examines the impact of working capital management o firms ’profitability by using data of 158 companies in manufacturing industry in India. The study is primarily based on secondary data collected from financial reports which is listed in Bombay Stock Exchange for the period of five years from 2008–2013. The data has been analyzed using the correlation coefficient and multiple regression models. All the results were tested at 0.01 and 0.05 level of significance. The study concludes that there is a moderate relationship between working capital management and profitability in the specific context of manufacturing industry in India.
Working Capital, Profitability, Financial Ratios, Multiple Regression, Manufacturing Industry, India
