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A STUDY ON FINANCIAL PERFORMANCE USING RATIO …

31 International Journal of Innovative Research in Management Studies (IJIRMS) Volume 2, Issue 3, April 2017. A STUDY ON FINANCIAL PERFORMANCE USING RATIO ANALYSIS OF BHEL, TRICHY and 1II Year MBA student, School of Management, SASTRA University, Thanjavur, South India 2 Senior Assistant Professor, School of Management, SASTRA University, Thanjavur, South India Email: Abstract This paper is to enlighten the FINANCIAL PERFORMANCE of the public sector undertaking that is, BHEL (Bharat Heavy Electricals Limited). Accounting ratios helpful in a great manner to analyze the FINANCIAL position of a company. FINANCIAL analysis helps to assess the profitability and FINANCIAL position of a concern.

Ghosh Santanu Kumar and Mondal Amitava (2009) study on the relationship of intellectual capital and finance performances for a period of 10 years from 1999 to 2008 of 70 Indian banks. The measurement of financial performance used in this analysis were return on equity, return on assets and assets turnover ratio of Indian Banks.

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