A Study on Financial Performance Analysis of Medium Enterprises-A Case Study of eZONE Security Solutions (INDIA) Private Limited

Vol-4 | Issue-5 | May 2019 | Published Online: 15 May 2019    PDF ( 138 KB )
Author(s)
Dr. Subba Rayudu Thunga 1

1Associate Professor, Andhra Loyola Institute of Engineering and Technology, Vijayawada, Andhra Pradesh (India)

Abstract

In the changing scenario of competition, the evaluation of the company’s financial performance becomes critically significant for medium enterprises. The research is an effort on the way to investigate the economical efficiency of medium enterprises-A case study of eZONE Security Solutions (INDIA) Private Limited, Vijayawada, Andhra Pradesh based on selected financial performance indicators. The research is based on published sources from financial statements of the enterprise. The study covers a period of five financial years i.e. 2012-13 to 2016-17. Ratio analysis, mean and chi-square tests are used to analyze the financial performance. The overall profitability and economic efficiency of the eZONE Security Solutions (INDIA) Private Limited is satisfactory. This study would be helpful to the owners of medium enterprises as well as government to make more initiatives to strengthen small scale sector.

Keywords
Financial Performance, Small scale Enterprises.
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