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"Product and Services of Videocon": Training Report On
"Product and Services of Videocon": Training Report On
On
(SESSION 2014-2016)
SUBMITTED TO
SUBMITTED BY
RAKESH KUMAR
14001532029
MBA (FINANCE)
DECLARATION
I (RAKESH KUMAR), student hereby declare that the project report entitled PRODUCT AND
SERVICES OF VIDEOCON,is a genuine training report under taken by me under the guidance
of Mr. MUKESH KUMAR, industry guide, in partial fulfillment of the requirements of the
award of the Degree of Master of Business Administration and does not involve or derive from
studies already done or published by any other authors or students.
This project was carried out during the month of JUNE 1 , 2015 to JULY 17, 2015 in
VIDEOCON
All the findings and analysis in this project report are true, authentic and impartial. I promise that
the data gathered for the purpose of this report will not be made public and will be kept
confidential, except for academic purpose.
SIGNATURE OF CANDIDATE
RAKESH KUMAR
14001532029
ACKNOWLEDGEMENT
The bliss and euphoria that accompany the successful completion of any task would not be
complete without the expression of appreciation of simple virtues to the people who made it
possible.
I take this opportunity to acknowledge the efforts of many individuals who helped me in making
this training report possible.
First and foremost I would like to express my sincere thanks to Deenbandhu Chhotu Ram
University of Science And Technology, Murthal (Sonepat)for providing me the opportunity to
work on a summer industrial training.
Words are insufficient to express my gratitude towards Mr. MUKESH KUMAR ( Manager) . I
would like to give my heartily thanks to entire staff of VIDEOCON who helped me at every step
whenever needed.
Summer training report work needs hard work, keen insight and long patience with scholarly
vision based on content operation hence it becomes a humble duty to express my sincere
gratitude to my all teachers and friends.
RAKESH KUMAR
PREFACE
This training report pertains to the making of a summer training of MBA curriculum. The
purpose of this training report is to have thorough knowledge of the topic. I learned a lot from
the hard work I put in to collect information regarding the same, which would be of great use in
my near future as a professional.
Justification cannot be done to whatever I have learnt within a few pages but I have still tried my
best to cover as much as possible about “PRODUCT AND SERVICES OF VEDIOCON” in
this training report.Being student of Master of Business Administration, I need to be aware of the
organization internal environment. Summer training helps me to understand these concepts
related to the organization.
It is used by a variety of stakeholders, such as credit and equity investors, the government, the
public, and decision-makers within the organization. These stakeholders have different interests
and apply a variety of different techniques to meet their needs. For example, equity investors are
interested in the long-term earnings power of the organization and perhaps the sustainability and
growth of dividend
APPENDIX
BIBLIOGRAPHY
Books
SEARCH ENGINE
www.google.com
http:/www.google.co.in/
www.emeraldinsight.com
WEBSITES
www.wikipedia.com
http:/www,Wikipedia.org/
https://www.google.co.in/?
gfe_rd=cr&ei=Ah_oVd_jLIeBuATmu6m4Ag&gws_rd=ssl#q=ece+indus
tries+ltd.
http://www.eceelevators.com/
http://www.eceindustriesltd.com/
http://www.eceelevators.com/contact_us.htm
EXECUTIVE SUMMARY
My primary involvement was carried out attaining the knowledge of various terminologies which
are used in financing department as retainership expenses, debit note, service tax tds, ratios and
cash flows etc. on which final report was to be prepared. The final touch given to the conclusion
is on the basis of analysis of financial statements of company.
FINDINGS
1. The current ratio has shown in a fluctuating trend as 4.7, 6.2, and 6.8and during 2012-14
of which indicates a continuous decrease in both current assets and current liabilities.
2. The quick ratio is also in a fluctuating trend throughout the period 2012 – 14 resulting as
3.3, 4.3, and 4.7. The company’s present liquidity position is satisfactory.
3. The proprietary ratio has shown a fluctuating trend. The proprietary ratio is decreased
compared with the last year. So, the long term solvency of the firm is decreased.
4. The working capital increased from 0.72 to 1.42 in the year 2012 – 14.
5. The fixed assets turnover ratio is in increasing trend from the year 2012 – 14 (1.26, 1.82,
and 4.24. It indicates that the company is efficiently utilizing the fixed assets.
6. The net profit ratio is in fluctuation manner. It decreased in the current year compared
with the previous year from 0.30 to 0.23.
CONCLUSION
ECE INDUSTRY LTD. is a focusing player in the transformer, elevators and switch gears
product and provide a tough competition to its competitors. Company performance is very good
in the area of elevators but decrease in the area of transformer day by day. Because there is less
safety measures and not proper planning for increased sales and revenue. So company needs to
improve performance in terms of sales in future so that company survival not move towards
extinguish. Company needs to reduce indirect expensed so that they increase their reserves and
surplus. It is helpful for company to reduce outflow of funds so that return on investment.