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A STUDY ON FINANCIAL PERFORMANCE OF MRF TYRES LIMITED

📘 Volume 8 📄 Issue 6 📅 june 2023

👤 Authors

Mr.P.Kanagaraj, Ms. K. Nandhini 1
1. Department of Commerce with Professional Accounting, BCOM PROFESSIONAL ACCOUNTING, Dr.N.G.P. Arts and Science College (Autonomous) Coimbatore, Tamilnadu.

📄 Abstract

The largest manufacturer of tyres in India, Maddras Rubber Factory (MRF) is the subject of this studys analysis of its financial performance from 2017 to 2022. This study aims to assess the financial performance of MRF Tyres Limited, a prominent tire manufacturer in India, for the period last five years . Using financial ratio analysis, including liquidity, profitability, solvency, and efficiency ratios, the study evaluates the companys financial health and efficiency. Additionally, a comparative analysis is conducted to examine MRF Tyres Limiteds financial performance in relation to its industry competitors. The findings indicate that MRF Tyres Limited has sustained steady financial growth and stability, with consistent profitability and liquidity ratios. The study concludes that MRF Tyres Limited is a financially sound organization with a strong competitive position within the tire industry.

📚 How to Cite:

Mr.P.Kanagaraj, Ms. K. Nandhini , A STUDY ON FINANCIAL PERFORMANCE OF MRF TYRES LIMITED , Volume 8 , Issue 6, june 2023, EPRA International Journal of Research & Development (IJRD) ,

🔗 PDF URL

https://cdn.eprapublishing.org/article/546pm_33.EPRA JOURNALS 13597.pdf

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