An Analysis of the Relative Effects of Financial Leverage on the Financial Performance of a Sample of Indian Industries

Abstract

The study looked into the connection between financial leverage and business profitability in
India’s cement manufacturing industry. A strong inverse association between financial
leverage and corporate profitability was anticipated to exist. The study of statistical test
indicate a substantial inverse association between financial leverage and business profitability
in India's cement manufacturing sector. Being a social institution with leverage financing, it
owes it to the investor and shareholders who took on risk to fulfil them. It has become crucial
to investigate the hidden truth and benefits of leverage influence on the profitability for a
sample of industry.