A Comparative Study of Financial Performance of Maruti Suzuki India Ltd & Tata Motors Ltd

Megha Jain¹ , Abhikrati Shukla² , Swati Gupta³

Section:Research Paper, Product Type: Journal-Paper
Vol.5 , Issue.9 , pp.75-85, Sep-2019

Online published on Sep 30, 2019

Copyright © Megha Jain, Abhikrati Shukla, Swati Gupta . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
 

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Abstract :
Finance is regarded as lifeblood of any business organization, thus it is very much essential to evaluate the financial performance business organization. The purpose of financial analysis is to diagnose the current & past financial condition of a company & to give some picture about its future condition. Financial performance analysis is vital for the triumph of an enterprise. Financial statement analysis is used to identify the trends and relationships between financial statement items. Both internal management and external users (such as analysts, creditors, and investors) of the financial statements need to evaluate a company`s profitability, liquidity, and solvency. Financial performance analysis is an appraisal of the feasibility, solidity and fertility of a Business. The main objective of this research paper is to analyze the financial position of the selected automobile companies for last five years. The present study is based on secondary data. Financial position is analyzed by using different ratios. From the study, position of Maruti Suzuki & Tata Motors is ascertained.

Key-Words / Index Term :
Financial performance, Automobile companies, Financial Statement analysis

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