IMPACT OF CURRENCY FLUCTUATION -A COMPARATIVE ANALYSIS OF IT COMPANIES IN INDIA


Asiya Jabeen
,
Abstract

Every company has its prime aim to Growth. With the changing times increase in competition has become their core competencies and has a competitive edge over others. Business matrices like Net Revenues, Profits after tax, Total Income (Capitalization), Total Expenditures, Expenditure in Foreign Exchange and Foreign Exchange Gains/Losses are important indicators representing the stand of companies in the market. A comparative analysis of the major 5 IT Sector Companies like TCS, WIPRO, INFOSYS, HCL,ORACLE in India has been presented in this paper on the basis of secondary data which includes last 10 year Profit (%) after tax, Revenues, Expenditures, Expenditure in Foreign Exchange and Foreign Exchange Gains/Losses. An empirical study has been done and conclusions have been brought out on the basis of the data collected to achieve this objective. The collected data was analyzed with the help of prowess software. In this paper, it was concluded that TCS is the overall leader in all business matrices mentioned above.

KEYWORDS: Growth, Foreign Exchange, exchange rate, IT sector

Keywords:
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

VIEW PDF
Published on :

Vol : 7
Issue : 2
Month : February
Year : 2019
Copyright © 2023 EPRA JOURNALS. All rights reserved
Developed by Peace Soft