A Study on Financial Performance of Cipla ltd& Aurobindo Pharma ltd A Comparative Analysis
Abstract
In India, pharmacy sector is one the most promising & growing industry .This study attempts basically to measure the financial performance of the Pharmaceutical Industry taking top companies like Cipla ltd , Aurobindo Pharma ltd for the study, for the period 2009-2010 to 2013-2014. In order to achieve our goals in this paper we have measured the ratios of short term solvency ratio, long term solvency ratio, profitability ratio. From the study it is found that Cipla ltd shows high profitability than Aurobindo Pharma ltd, higher level of consistency is noticed in Cipla ltd.
Downloads
References
Amalendu Bhunia (2010) “Financial Performance of Indian Pharmaceutical Industry ¬A Case Study” ASIAN JOURNAL OF MANAGEMENT RESEARCH- ISSN 2229 – 3795.
http://ipublishing.co.in/ajmrvol1no1/EIJMRS1034.pdf
Christina Sheela.S, Karthikeyan.K (2012) “Financial Performance of Pharmaceutical Industry in India using DuPont Analysis”- European Journal of Business and Management , ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 4, No.14, 2012
http://pakacademicsearch.com/pdf-files/ech/517/84-91%20Vol%204,%20No%2014%20(2012).pdf
Faruk Hossan and Ahsan Habib entitled “Performance evaluation and ratio analysis of Pharmaceutical Company in Bangladesh” university west.
http://hv.diva-portal.org/smash/get/diva2:323754/FULLTEXT01.pdf
Dr. K.S. Vataliya “Profitability and Consistency Analysis of Pharmacy Sector in India “International Journal of Financial Research -(Vol. 3, No. 3; July 2012) - URL: http://dx.doi.org/10.5430/ijfr.v3n3p17
C. R. Kothari. (2004). Research Methodology Methods & Techniques. New Age International Publishers.
I M. Pandey. (2009). Financial Management. Vikas Publishing House Pvt. Ltd.
M Y . Khan & P. K Jain. (2007). Financial Management. Tata McGraw-Hill Education.
http://money.rediff.com/companies/aurobindo-pharma-ltd/12540244/ratio
Copyright (c) 2015 Journal of Progressive Research in Social Sciences
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
TRANSFER OF COPYRIGHT
JPRSS is pleased to undertake the publication of your contribution to Journal of Progressive Research in Social Sciences.
The copyright to this article is transferred to JPRSS(including without limitation, the right to publish the work in whole or in part in any and all forms of media, now or hereafter known) effective if and when the article is accepted for publication thus granting JPRSS all rights for the work so that both parties may be protected from the consequences of unauthorized use.