Profitability Influencers Of Indian Steel Companies: An Analytical Study

Abstract

The steel sector ranks high on the list of the world's largest businesses. This sector of the economy is essential to the growth of every modern economy. When it comes to steel production, India is right up there with the best of them. It's a cornerstone of human culture. It's vitally important in time-honored industries including transportation, building, auto manufacturing, and heavy industry. The Indian iron and steel industry are a vital sector that has helped propel the country's economy forward in recent years. The industry, as a major force in nation formation, affects the everyday lives of citizens in countless ways. This industry's stakeholders, especially its policymakers, view its growth and development as crucial. This research aims to examine the factors that affect the financial performance of SAIL and TSL, the two largest steel producers in India.