A Study On Profitability Indicators Of Housing Finance Companies In India
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Abstract
This paper attempts to analyse the profitability indicators of housing finance companies in India. Housing is one of the basic human needs and is second to the need for food and clothing. Feeling of having own house is a matter of immense pleasure for everyone. The need for purchase or construct a house brought out specialized housing finance institutions. Housing finance institutions play an important role in the Indian housing finance system. So there is a need to analyse the profitability of housing finance companies. The study is based on secondary data. Secondary data were collected from the CAPITALINE DATABASES for the year 2010-2011 to 2014-2015. The profitability indicators like Net Profit, Total Assets, Operating and Administrative Expenses, Employee Expenses and Spread for the select housing finance companies in India are measured by using statistical tools such as Mean , Standard Deviation, Coefficient of Variation and Trend.