A STUDY ON FINANCIAL PERFORMANCE OF WIPRO LIMITED
Mr. P. Kanagaraj, Ms. M. R. Remya
Assistant Professor, Dr.N.G.P. Arts and Science College
Financial analysis refers to the process of determining the financial strengths, weakness and financial characteristics of a firm. The analysis of the company is done for the period of six years, ranging from financial year 2014-2015 to 2019-2020. The main objective of this study is to determine the financial performance of Wipro Limited. Various tools like ratio analysis such as current ratio, liquid ratio, net profit ratio, return on assets, expense ratio and other performance ratios were used for the study, that can be helpful in finding the growth aspects of the firm. The suggestions reveal that the company should take necessary steps to increase the profit to improve their profitability performance. Finally, the study reveals that the liquidity position of the company was excellent although there was gradual rise and fall in the growth of the company during the study period.
Keywords: Financial performance, Ratio analysis, Growth aspects.
Journal Name :
EPRA International Journal of Multidisciplinary Research (IJMR)
Published on : 2021-07-23