A Study on Financial Performance of Cipla ltd& Aurobindo Pharma ltd A Comparative Analysis
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.
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