UGC Approved Journal no 63975(19)

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

Volume 10 Issue 4
April-2023
eISSN: 2349-5162

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

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Published Paper ID:
JETIR2304976


Registration ID:
512648

Page Number

f608-f616

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Title

ANALYSIS OF THE FINANCIAL PERFORMANCE OF SELECTED INDIAN PHARMACEUTICAL COMPANIES

Abstract

Indian companies have established themselves in the leading role in the global pharmaceutical scenario by meeting the domestic requirement. India ranks third in the world in terms of quantity and 14th in the world in terms of value. The current market size of the Indian pharmaceutical industry is approximately $50 billion. Determining the financial health of a pharmaceutical business requires effective analysis and interpretation of financial statements. analysis and interpretation of financial statements is very necessary to measure the efficiency, profitability, financial soundness and future prospects of pharmaceutical organizations To examine the financial results of the chosen pharmaceutical organizations, this paper's goal is to compare financial performance. To comprehend the data, ratio analysis and statistical methods are used to analyze the financial performance. These figures are taken from and produced using the financial statements of the chosen businesses for the five years between 2018 and 2022. Results suggest that pharmaceutical companies have high levels of liquidity and financial stability but have inconsistent revenue and efficiency. To fill in the gaps in the current research, the study used recent literature. The regulators, financial analysts, and managers who are worried about the financial performance of the chosen Indian pharmaceutical companies may find this study to be helpful. It serves as a test bed for additional study in this field.

Key Words

keywords. Pharmaceutical companies, pharmacological liquidity, profitability, and statistical tools

Cite This Article

"ANALYSIS OF THE FINANCIAL PERFORMANCE OF SELECTED INDIAN PHARMACEUTICAL COMPANIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 4, page no.f608-f616, April-2023, Available :http://www.jetir.org/papers/JETIR2304976.pdf

ISSN


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

"ANALYSIS OF THE FINANCIAL PERFORMANCE OF SELECTED INDIAN PHARMACEUTICAL COMPANIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 4, page no. ppf608-f616, April-2023, Available at : http://www.jetir.org/papers/JETIR2304976.pdf

Publication Details

Published Paper ID: JETIR2304976
Registration ID: 512648
Published In: Volume 10 | Issue 4 | Year April-2023
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.33885
Page No: f608-f616
Country: Bhopal, madhypradesh, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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