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Financial performance of selected automobile companies

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The present paper measures the financial performance of major selected automobile companies for the period of 5 years from 2013-2017 by using ratio analysis. | Financial performance of selected automobile companies International Journal of Management IJM Volume 9 Issue 4 July August 2018 pp. 14 23 Article ID IJM_09_04_003 Available online at http www.iaeme.com ijm issues.asp JType IJM amp VType 9 amp IType 4 Journal Impact Factor 2016 8.1920 Calculated by GISI www.jifactor.com ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication FINANCIAL PERFORMANCE OF SELECTED AUTOMOBILE COMPANIES Dr. G. Kanagavalli Assistant Professor Department of Commerce Alagappa University Karaikudi Tamilnadu India R. Saroja Devi Ph.D Research Scholar Department of Commerce Alagappa University Karaikudi Tamilnadu India ABSTRACT The Indian auto industry became the fourth largest in the world with sales increasing 9.5 per cent year-on-year to 4.02 million units excluding two wheelers in 2017. It was the 7th largest manufacturer of commercial vehicles in 2017. The Two Wheelers segment dominates the market in terms of volume owing to a growing middle class and a young population. Moreover the growing interest of the companies in exploring the rural markets further aided the growth of the sector. India is also a prominent auto exporter and has strong export growth expectations for the near future. Overall automobile exports from India grew at 6.86 per cent CAGR between FY13-18. The present paper measures the financial performance of major selected automobile companies for the period of 5 years from 2013-2017 by using ratio analysis. The purpose of the study is to evaluate and compare the financial performance of selected three companies to rate their financial performances. The aim of the study is to analyze by comparing the risk of different companies on their strengths and weaknesses. Key words Financial performance Automobile Industry Ratios. Cite this Article Dr. G. Kanagavalli and R. Saroja Devi Financial Performance of Selected Automobile Companies. International Journal of Management 9 4 2018 pp. 14 23. http www.iaeme.com IJM .