Open Access
Subscription Access
Open Access
Subscription Access
Financial Performance of FMCG Companies in India:A Comparative Study
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
Font Size
Information
- 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: 1146
PDF Views: 1