An Analytical Study of Financial Performance of Indian Oil Companies

Vol-4 | Issue-04 | April 2019 | Published Online: 15 April 2019    PDF ( 259 KB )
Author(s)
Mayur Prakash Sali 1; Dr. Vipin Mittal 2

1Research Scholar, OPJS University, Churu, Rajasthan

2Assistant Professor, OPJS University, Churu, Rajasthan

Abstract

Indian Oil Corporation Limited possesses and works an organization of raw petroleum and oil based commodity pipeline in India. The organization is chiefly constrained by the Government of India which claims approx. 79% offers in the organization. It has two divisions: Refineries Division and Marketing division. The principle goal of this examination is to decide the association's liquidity, dissolvability and monetary situation of the firm by utilizing the devices like proportion investigation and normal size accounting report. Different proportions like current proportion, fluid proportion, total fluid proportion, turnover proportions have been utilized to quantify the monetary presentation of the organization. The information utilized in this examination were gathered from different magazines, evaluated reports and from sites. For a superior comprehension of the investigation, the discoveries are deciphered in tables, graphs, and outlines. As the investors put resources into an organization by knowing its money related execution, this examination will be incredibly useful. This investigation additionally assists with settling on right budgetary choices, arranging all the more effectively and monetarily. This investigation comprises of discoveries and translations to helps the organization to improve its presentation.

Keywords
Indian Oil Corporation Limited, Financial performance, Ratio analysis
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