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A STUDY ON FINANCIAL PERFORMANCE OF AUTOMOBILE COMPANIES IN INDIA
Author Name

Dr. V. Kanimozhi and Jibin Raj K

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 This  This research paper is focused on the financial performance of automobile companies in India. This study was based on the yearly performance of the selected industries in the market. And this study is to know about the competitive advantage of the company and what are all the sources for the competitive advantages innovation. Based on the study some of the company needs to improve their RoCE level than the competitors.

Key Words :Financial performance analyse consisting revenue, profit, operational efficiency, capital efficiency,solvency and efficiency



Published On :
2022-07-07

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