Business performance of tur Board in Karnataka - an Appraisal
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Date
2013
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Publisher
UAS, Dharwad
Abstract
Pulses play an important place in Indian agricultural economy as they are rich
sources of proteins and constitute ten to fifteen per cent of India’s food grain diet. The
Karnataka Togari Abhivrudhi Mandali Limited Gulbarga was registered under the
Companies Act 1956 and started in the year 2002. The data relating to the
procurement of tur for the past ten years i.e.,2002-03 to 2011-12 were drawn from the
ledger account and purchase books of the Board. Figures pertaining to the cost and
margin were taken from the profit and loss accounts and the balance sheets. In the
study growth analysis, ratio analysis, liquidity ratios, leverage ratios, activity ratios,
profitability ratios, Likert scaling were used to analyse the different objectives of the
study. There is a line organizational structure in Tur Board which might be due to less
number of activities and low investment. Presently Tur Board is procuring tur from all
taluks of Gulburga and Bidar districts by establishing procurement linkage in all
taluks. The trend in total income earned from tur by the board was increasing in the
first stage. The overall results of liquidity ratios projects that the Tur Board is not in
much comfortable position to meet its immediate financial obligations. The firm has
generated a return of Rs.1.83 for every rupee of fixed assets held, indicating that
board is more efficient in utilization of fixed assets to generate sales. The net profit
margin has remained constant and declined implying that operating expenses relative
to sales have been increasing over many years. The major constraint observed in Tur
Board was stability in financial resources, which can be overcome by proper planning
and execution of financial policies by the Government.