Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Financial Performance of FMCG Companies in India:A Comparative Study


Affiliations
1 Asansol Girls' College, Asansol, West Bengal, India
     

   Subscribe/Renew Journal


The present study examines the financial performance of selected fastmoving consumer goods (FMCG) companies in India. For the purpose of the study two leading FMCG companies, ITC and Hindustan Unilever Limited (HUL) have been selected. The study covers a period of eleven years from 2001-02 to 2011-12. The paper empirically examines and compares the financial performance of both the selected companies in terms of liquidity and profitability. For the accomplishment of the objective, various accounting ratios and statistical tools-like average, standard deviation and correlation.

Keywords

Liquidity, Profitability, Performance.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Banerjeee, B. (2002). Financil Policy and Management Accounting. Calcutta: The World Press Private Limited.
  • Bawa, S.K. and Chattha, S. (2013). Financial Performance of Life Insuresrs in Indain Insurance Industry. Pacific Business Review International, pp. 44-52.
  • Brigham, E.F. and Ehrhardt, M.C. (2013). Financial Management. Delhi: Cengage Learning India Private Limited.
  • Chandra, H. and Selvaraj, A. (2012). A Study of Profitability in Selected Indian Steel Companies. The Indian Journal of Commerce, pp. 31-47.
  • Joshi, A. (2013). A Study of Profitability Analysis of Selected FMCG Companies in India. Indian Journal of Applied Research, pp. 368-370.
  • Kishore, R.M. (2002). Financial Management. New Delhi: Taxmann Allied Services (P) Ltd.
  • Pandey, I.M. (2014). Financial Management. New Delhi: Vikas Publishing House Pvt. Ltd.
  • Penman, S.H. (2014). Financial Statement Analysis and Security Valuation. New Dewlhi: McGraw Hill Education (India) Pvt. Ltd.
  • Sinha, G. (2012). Financial Statement Analysis. New Delhi: PHI Learning Private Limited.
  • Srikanth, V. (2014). An Empirical Study of Financial Performance Evaluation Through Cash Flow Statement of an Indian Mnufacturing Company. International Journal of Arts and Science Research, pp. 49-56.
  • Suri, D.K. and Singhal, S. (2013). Comparative Ananlysis of Financial Performance of Indian Farmers Fertilizer Cooperative Limited (IFFCO). International Journal of Business and Management Research, pp. 217-226.

Abstract Views: 1185

PDF Views: 1




  • Financial Performance of FMCG Companies in India:A Comparative Study

Abstract Views: 1185  |  PDF Views: 1

Authors

Ranjit Kumar Paswan
Asansol Girls' College, Asansol, West Bengal, India

Abstract


The present study examines the financial performance of selected fastmoving consumer goods (FMCG) companies in India. For the purpose of the study two leading FMCG companies, ITC and Hindustan Unilever Limited (HUL) have been selected. The study covers a period of eleven years from 2001-02 to 2011-12. The paper empirically examines and compares the financial performance of both the selected companies in terms of liquidity and profitability. For the accomplishment of the objective, various accounting ratios and statistical tools-like average, standard deviation and correlation.

Keywords


Liquidity, Profitability, Performance.

References





DOI: https://doi.org/10.15410/aijm%2F2016%2Fv5i2%2F100706