Year: 2024
Type: article
Abstract: The concept of financial performance holds immense importance in the evaluation of a company's overall health, stability, and potential for growth. It serves as a comprehensive measure of an organization’s ability to efficiently manage its resources, achieve profitability, and sustain operations in dynamic market conditions. This study aims to analyse and compare the financial performance of four prominent Indian companies—Hindustan Unilever Ltd, Page Industries Ltd, Sun Pharmaceutical Industries Ltd, and Tata Motors Ltd—over the five-year period from 2019-20 to 2023-24. The study evaluates key financial performance metrics, including profitability, liquidity, solvency, and efficiency ratios, to gain insights into the operational and financial stability of these companies. By comparing the financial data, the research highlights differences and similarities in performance trends, identifying key factors contributing to their success or challenges. The findings provide actionable insights for investors, corporate managers, and policymakers, contributing to strategic decision-making and financial planning.
Authors: Joshi Sandhya Bhaveshbhai, Dr. Ramesh H. Davada
Institution: Saurashtra University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6893287171
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