A COMPARATIVE STUDY OF FINANCIAL PERFORMANCE OF TATA MOTORS AND MARUTI SUZUKI INDIA LTD.

Authors

  • Amitkumar B Vegad Research Scholar, Department of Commerce, Saurashtra University, Rajkot

Keywords:

Liquidity Ratio, Profitability Ratio, Leverage Ratio, Turnover Ratio, T-tests, Tata Motors, Maruti Suzuki

Abstract

The automobile sector is the dominant player not only in India but also in the economy of the world. Due to its forward and backward linkages with several key segments of the economy, the industry has a strong multiplier effect on industrial growth. The industry has been evolving over the years, meeting challenges as varied as transitions, consolidations and restructuring and thereby adapting to the new market environment. The present paper measures the financial performance of two major automobile companies of Indian origin, Tata Motors and Maruti Suzuki. It reveals the comparative financial strength of both the companies under study based on liquidity, efficient use of assets, profitability etc.

References

I. Dharmaraj and Kathirvel (2013)” Financial Performance of Indian Automobile Industry - A Comparative Study During Pre and Post Foreign Direct Investment, “International Journal of Scientific Research, Vol 2 Issue 9, ISSN No 2277 – 8179

II. Kale Dinar (2011).” Sources of Innovation and Technology Capability Development in the Indian Automobile Industry” Innovation Knowledge Development, The Open University, Working paper No.60.

III. Ray Sarbapriya (2012),” An Insight into the Performance of Indian Automobile Industry,” Science Education Development Institute, ISSN: 2276 – 6715, Vol. 2(5), pp 191-197.

IV. https://www.tatamotors.com/

V. https://www.marutisuzuki.com/

Additional Files

Published

15-09-2023

How to Cite

Amitkumar B Vegad. (2023). A COMPARATIVE STUDY OF FINANCIAL PERFORMANCE OF TATA MOTORS AND MARUTI SUZUKI INDIA LTD. International Education and Research Journal (IERJ), 9(9). Retrieved from https://ierj.in/journal/index.php/ierj/article/view/3020