| Issue |
E3S Web Conf.
Volume 449, 2023
International Scientific and Practical Conference “Priority Directions of Complex Socio-Economic Development of the Region” (PDSED 2023)
|
|
|---|---|---|
| Article Number | 05005 | |
| Number of page(s) | 12 | |
| Section | Econometric Modeling of Sustainable Development of the Regional Economy | |
| DOI | https://doi.org/10.1051/e3sconf/202344905005 | |
| Published online | 16 November 2023 | |
A study on financial performance analysis of selected listed companies with reference to textile industries
Department of Management, KAHE, 641021, Coimbatore Tamil Nadu, India
* Corresponding author: nandhini1817@gmail.com
India’s textile sector contributes significantly to the nation’s economy. When it comes to creating jobs and bringing in foreign currency, this is one of India’s largest sectors. The robustness of the Indian textile industry’s finances is the main topic of the paper. And to understand how efficiently the textile industry has utilised its resources so far. Profitability, liquidity and solvency positions of textile enterprises have been investigated for this purpose. The comparative ratio analysis method has been utilised in this article to determine whether textile companies are financially sound. Paul G. Hastings stated that “finance is the management of the affairs of the company.” Determining the costs associated with acquiring the funds on the most favourable terms possible and allocating the available funds to the best uses.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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