Performance evaluation of select paint companies in India

The present study attempts to analyze the financial performance of the select paint companies in India using Ratio analysis as well as Statistical techniques have used to interpret the data. | Performance evaluation of select paint companies in India International Journal of Management IJM Volume 11 Issue 1 January 2020 pp. 56 60 Article ID IJM_11_01_006 Available online at http ijm JType IJM amp VType 11 amp IType 1 Journal Impact Factor 2019 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication Scopus Indexed PERFORMANCE EVALUATION OF SELECT PAINT COMPANIES IN INDIA Dr. P. Rajender Assistant Professor amp Head of the Department of Commerce amp Business Management Chaitanya Institute of Science amp Technology Deemed to be University Warangal India ABSTRACT Profit maximization is the basic objective of every firm. In the present competitive world no firm can sustain without profit. Generally profit means income over expenditure of a firm. To evaluate the financial performance of firm it is important to analyzing the profitability position of firm over a period of time. In financial accounting there are several techniques and tools are available for measuring Performance of an organization. The present study attempts to analyze the financial performance of the select paint companies in India using Ratio analysis as well as Statistical techniques have used to interpret the data. The study period is of 5 years from 2014-15 to study concluded that Profitability position of the select Paint companies seems to be good and satisfactory. Keywords Ratio analysis Profitability Statistical tools. Cite this Article Dr. P. Rajender Performance Evaluation of Select Paint Companies in India International Journal of Management IJM 11 1 2020 pp. 56 60. http IJM JType IJM amp VType 11 amp IType 1 1. INTRODUCTION In general every firm requires profit for its existence Expansion and modification. To measure the overall efficiency of a business Profits are the useful measures. Profitability can be defined as financial measure of financial success achieved by

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