The Empirical Study of Association of Capital Structure and Profitability of Telecommunication Firms

The study tries to evaluate the capital structure practices carried out by Tele Communication companies listed on BSE/NSE. Debt equity ratio, Interest coverage ratio, current ratio as independent and return on net worth as dependent are the selected variables undertaken for the study. The study tries to undertake the data evaluation of selected variables for the tenure of ten years i.e. 2010-2019. The author used descriptive, regression and co-efficient of correlation for analysis. The research indicates that there is debt equity ratio has significantly positive relationship with profitability and Interest coverage ratio; current ratio has insignificantly positive relationship with profitability.