A Study on Financial Performance of Selected Textile  Companies in India

Mrs. C. Indhumathi; Dr. P. Palanivelu

Volume : II, Issue : VII, July - 2013

A Study on Financial Performance of Selected Textile Companies in India

Mrs. C. Indhumathi, Dr. P. Palanivelu

Abstract :

In this paper an attempt is made to know the profitability and financial position of selected textile companies, for accomplishment of the objective, the data collected from the annual reports from 2001–2010 from the selected textile companies in India, the collected data is analyzed and computed to fit for drawing inferences, this study utilizes various ratios analysis, correlation, trend, compounded growth rate. The results revels that there is a close relationship exist between the financial performances of the selected textiles companies in India and the proportion of changes in return on total assets.  