A STUDY ON FINANCIAL PERFORMANCE OF NESTLE INDIA LTD
Mr. A. David, Ms. T. Dharani
ASSISTANT PROFESSOR, Dr.N.G.P Arts and Science College
Abstract
Financial analysis is the process of identifying the strength and weakness of the firm. The goal is to analyse the financial statements is to assess past performance and current financial position and to make predictions about the future performance of a company. The objective of the study is to evaluate the financial position of Nestle India Ltd by using ratios. It is based on secondary data collected from journals, books and CMIE. The tools like current ratio, net profit ratio, total assets turnover ratio and other some of ratio are taken in this study. The company has to increase net income and and decrease the investment of total assets in order to generate additional income. . The company’s financial performance has strong position in profitability of the five years is analysed and it is proved that company is financially sound.
Keywords: Current ratio, Net income, Profitability
Journal Name :
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EPRA International Journal of Multidisciplinary Research (IJMR)
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Published on : 2021-07-04
Vol | : | 7 |
Issue | : | 7 |
Month | : | July |
Year | : | 2021 |