International Journal For Multidisciplinary Research

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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Financial Performance Analysis of Reliance Industries Ltd. – An Indian Conglomerate MNC

Author(s) Nilutpal Narayan Konwar
Country India
Abstract The term “Financial Performance Analysis” is used to describe the process of identifying financial strength and weakness of a company with the help of its Financial Statements i.e. Income Statement (Profit and Loss Account) and Position Statement (Balance Sheet). It helps a company not only to predict future profits efficiently but also to take necessary corrective measures to overcome weaknesses. Reliance Industries Limited (RIL) is one the largest private sector companies in India that has a strong existence in the rapidly expanding telecommunication and retail sectors. In this paper, the financial performance analysis of RIL has been done for a five years period, ranging from the financial year 2017-18 to 2021-2022. The study has been done with the objective of evaluating the financial position of the company along with identifying and analyzing the financial changes and the future results with the help of ratio and trend analysis. The data has been collected from annual reports, company’s website, published articles and other reliable sources. The study depicts that the company has weaknesses in various areas and improvement in those areas will help the company to achieve its perfect ratios. The study has some limitations also relating to primary sources data, tools of data analysis, periodicity of study etc.
Keywords Financial Statements, Profitability, Operational Ability, Solvency
Field Business Administration
Published In Volume 5, Issue 1, January-February 2023
Published On 2023-02-09
Cite This Financial Performance Analysis of Reliance Industries Ltd. – An Indian Conglomerate MNC - Nilutpal Narayan Konwar - IJFMR Volume 5, Issue 1, January-February 2023. DOI 10.36948/ijfmr.2023.v05i01.1587
DOI https://doi.org/10.36948/ijfmr.2023.v05i01.1587
Short DOI https://doi.org/grrwr9

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