A STUDY ON FINANCIAL PERFORMANCE ANALYSIS WITH REFERENCE TO ASHOK LEYLAND LTD.
The study reveals that the financial performance of the organization has been better. The overall financial performance is very good. Finance has been described as a lubricant of economic activity, without which the entire business will grind to a halt. And money has been aptly described by monitory economist called Geoffrey Crowther, Finance as the essential invitation on which all the rest is based. With unlimited wants and limited financial resources, the financier is concerned with what is produced, requirements of funds (liquid and illiquid ), allocation of funds selection of developmental priorities, determination of gestation periods, proper monitoring of accounts to avoid cash flow problems and to ensure the profitability of the enterprises.
The main objective of financial performance analysis to judge the financial health the undertaking and to judge the earning performance of the organization and to provide the company with appraise for investment opportunity or potentiality. This analysis is carried over about five years. This project deals with the financial performance analysis in the organization. The ratio analysis, comparative analysis and trend analysis are the tools to analyze the financial performance of the company.