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International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
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ISSN: 3108-1754 (Online)
Crossref DOI: Available
ISO Certification: 9001:2015
Publication Fee: 599/- INR
Compliance: UGC Journal Norms
License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 6

Published on: June 2026

A COMPREHENSIVE STUDY ON BUDGETING PRACTICES AND THEIR IMPACT ON FINANCIAL PERFORMANCE IN FASHION CARE PRIVATE LIMITED

D. Dhanush

P. Vimal Kumar

Dr.N.G.P. Arts and Science College
DOI:https://doi.org/10.55041/ijcope.v2i6.394

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Plagiarism Passed Peer Reviewed Open Access

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Abstract

Budgeting is an indispensable component of financial management that enables organizations to plan, allocate, monitor, and control financial resources effectively. An efficient budgeting system assists organizations in achieving financial stability by supporting informed decision-making, minimizing unnecessary expenditures, and improving operational efficiency. The present study examines the budgeting practices followed by Fashion Care Private Limited and evaluates their influence on the organization's financial performance. The research primarily focuses on understanding the budgeting process, employee participation, budget monitoring, cost control, resource allocation, and their relationship with financial outcomes.

 

The study adopts a descriptive research design and utilizes both primary and secondary data. Primary data were collected through a structured questionnaire from employees involved in budgeting and financial management, while secondary data were obtained from company records, books, journals, and published literature. Statistical tools including percentage analysis, Chi-square test, correlation analysis, weighted average analysis, ranking analysis, and ANOVA were used to analyze the collected data. The findings indicate that systematic budgeting practices positively influence cost management, financial planning, operational efficiency, and profitability. The study concludes that an effective budgeting system strengthens financial discipline and significantly contributes to the long-term financial performance of the organization.

 

Keywords: Budgeting Practices, Budgetary Control, Financial Performance, Financial Planning, Cost Control, Resource Allocation, Fashion Care Private Limited.

How to Cite this Paper

Dhanush, D. (2026). A Comprehensive Study on Budgeting Practices and their Impact on Financial Performance in Fashion Care Private Limited. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(6). https://doi.org/10.55041/ijcope.v2i6.394

Dhanush, D.. "A Comprehensive Study on Budgeting Practices and their Impact on Financial Performance in Fashion Care Private Limited." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 6, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i6.394.

Dhanush, D.. "A Comprehensive Study on Budgeting Practices and their Impact on Financial Performance in Fashion Care Private Limited." International Journal of Creative and Open Research in Engineering and Management 02, no. 6 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i6.394.

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Ethical Compliance & Review Process

  • •All submissions are screened under plagiarism detection.
  • •Review follows editorial policy.
  • •Authors retain copyright.
  • •Peer Review Type: Double-Blind Peer Review
  • •Published on: Jun 30 2026
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