Kumar Sweets: Product Profitability Analysis
By October 2014, Kumar Sweets was a successful sweets company in Kurukshetra, Haryana, India, well-known for Indian sweets made using a Kumar family recipe that had been passed down for generations. The company's success was largely due to the continued efforts of its founder and head, but the founder's eldest son sensed that something was wrong with the firm's operations. Although revenue had increased over the years, the business had not been able to realize the expected profit. Since its last product expansion effort in 2011, Kumar Sweets' profitability was lower than it had been in previous years; the founder and his son wanted to find out why, because they had hoped to pursue geographic expansion. Kumar Sweets needed to implement appropriate actions that addressed its existing problems as soon as possible. Ashutosh Dash is affiliated with Management Development Institute. Sangram Jena is affiliated with ICFAI Business School-Hyderabad.