Volume : V, Issue : X, October - 2015

A Study of the Financial Performance of ESSAR Oil Limited Based on Profitability and Liquidity Ratios

Dr. Brijesh S. Patel

Abstract :

 Profit is an essential part of a business. Every stakeholder of a company takes keen interest to know the financial soundness and profitability of the company. To analyze financial performance of the company, the data for five years from 2009–10 to 013–14 have been considered for the study. The data has been analyzed by using selected profitability and liquidity ratios. From the analysis, it has been concluded that the financial performance of Essar Oil Limited is not stable. Moreover it has been found that the financial position of this company is not good in light of profitability and liquidity ratios.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr.Brijesh S. Patel A Study of the Financial Performance of Essar Oil Limited Based on Profitability and Liquidity Ratios Indian Journal of Applied Research, Vol.5, Issue : 10 October 2015

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