FINANCIAL PERFORMANCE OF INDIAN AUTOMOBILE SECTOR

Authors

  • Savita Beniwal

Keywords:

INDIAN AUTOMOBILE SECTOR, profitability, financial analyst

Abstract

The purpose of financial analysis is to diagnose the information contained in financial statements so as to judge the profitability & financial soundness of the firm. Just like a doctor examines his patient by recording his body temperature, blood pressure, etc. before making his conclusion regarding the illness & before giving his treatment, a financial analyst analyses the financial statements with various tools of analysis before commenting upon the financial health or weaknesses of an enterprise. The analysis & interpretation of financial statements is essential to bring out the mystery behind the figures in financial statements. Information about financial performance is primarily provided in a Statement of Profit and loss (also known as Income Statement). Information about the performance of an enterprise, in particularits profitability, is required in order to assess potential changes in the economic resources that it is likely to control in the future.

References

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Eichengreen, B. (2001), “Capital Account Liberalization : What Do the Cross-Country Studies Tell Us?” The World Bank Economic Review 15(3) : 341-365

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Published

30-06-2013

How to Cite

Savita Beniwal. (2013). FINANCIAL PERFORMANCE OF INDIAN AUTOMOBILE SECTOR. International Journal for Research Publication and Seminar, 4(1), 62–65. Retrieved from https://jrps.shodhsagar.com/index.php/j/article/view/23

Issue

Vol. 4 No. 1 (2013): Volume 4 | Issue 1 | Jan-Jun 2013

Section

Original Research Article

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