Author/Authors :
patel, mehul c p patel and f h shah commerce college, Anand, india , borde, archana sinhgad college of engineering - department of management studies, Pune, India , mistry, mehul sardar patel college of administration and management, spec campus, Bakrol, india , purohit, jaydutt g. anand institute of business studies, india
Abstract :
Financial performance principally reflects business sector outcomes and results that shows overall financial health of the sector over a specific period of time. It indicates that how well an entity is utilizing its resources to maximize the shareholder’s wealth and profitability. Although a complete evaluation of a firm’s financial performance takes into account many other different kind of measures but most common performance measurement used in the field of finance and statistical inference is financial ratios. This paper provides a comprehensive study of the financial performance literature with respect to the IT industry of India. The financial ratios used for the measurement of financial performance of the IT sector are profitability ratios, asset utilization ratios, leverage ratios, liquidity ratios and cash conversion cycle from the period 2010-11 to 2014-15.
Keywords :
Financial performance , Financial ratios , ROI , Profitability
