UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 11 Issue 1
January-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2401547


Registration ID:
531893

Page Number

f402-f412

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Title

FINANCIAL PERFORMANCE ANALYSIS OF SELECTED IT COMPANIES IN INDIA

Abstract

The Indian IT sector has been a significant contributor to the country's economy and a major player in the global information technology industry. IT companies are known for their global presence, providing a wide range of services such as software development, IT consulting, business process outsourcing (BPO), and more. Many Indian IT firms have established themselves as key players in the international market. The main objective of this paper is to analyze financial performance of selected IT Companies which are TCS, Infosys, Mphasis, Persistent, Oracle and Cyient during 2019 to 2023. Various ratios like liquidity ratios, solvency ratio, efficiency, and profitability ratios have been used to measure financial performance of selected IT companies. The study shows that financial performance of Oracle is very satisfactory. Profitability position is good for TCS. The study suggests that the performance of oracle and TCS is satisfactory among all selected companies. Statistical tool one way Annova used for this study.

Key Words

IT Company, Financial Performance Analysis, Current Ratio, Liquid Ratio, Net Profit , Return on Assets (ROA), Return on Capital Employed Interest Coverage ratio, Annova

Cite This Article

"FINANCIAL PERFORMANCE ANALYSIS OF SELECTED IT COMPANIES IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 1, page no.f402-f412, January-2024, Available :http://www.jetir.org/papers/JETIR2401547.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"FINANCIAL PERFORMANCE ANALYSIS OF SELECTED IT COMPANIES IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 1, page no. ppf402-f412, January-2024, Available at : http://www.jetir.org/papers/JETIR2401547.pdf

Publication Details

Published Paper ID: JETIR2401547
Registration ID: 531893
Published In: Volume 11 | Issue 1 | Year January-2024
DOI (Digital Object Identifier):
Page No: f402-f412
Country: Ahmedabad, Gujarat, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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