PERFORMANCE OF SELECTED IT COMPANIES IN INDIA
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Abstract
Financial analysis is the process of determining financial strengths and weakness of the firm by establishing strategic relationship between the items of the balance sheet, profit and loss account and other operative data. Measurement of financial performance by ratio analysis helps identify organizational strengths and weaknesses by detecting financial inconsistencies and focusing attention on issues of organizational importance. Given that the mission of an IT organization is the reason for its existence, it is appropriate to focus on financial resources in their relationship to mission. This paper analyses financial performance by considering ratio analysis in order to identify inconsistencies and focus attention on matters of significant concern to the investors in IT sector.
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