Capital Structure and Its Impact on Profitability- An Empirical Study on Indian Infrastructure Construction Industry

The purpose of this study is to analyse and study the impact of profitability in the capital structure for the top firms of the infrastructure construction industry of India, according to their market capitalization. These firms are listed in National stock exchange. Along with that empirically analysing how the profitability of these firm are affected by their capital structures. Both the Time series and cross-sectional data are taken into consideration for analysis. These are tested with the empirical panel data regression. For this EViews software is used. And the result of the study demonstrates that the capital structure has a significant impact on the profitability of the top specific firms taken for the study. On the basis of this analysis the final conclusion of the project is made which provides future scope for the further research work in this area.