Financial Performance of Leading Logistic Companies in India
SP. Mathiraj1, Shetty Deepa Thangam Geeta2, N. Nagalakshmi3, M. Vinoth4
1Dr.SP.Mathiraj, Associate Professor, Department of Corporate Secretaryship, Alagappa University, Karaikudi, India.
2Shetty Deepa Thangam Geeta, Ph.D Research Scholar, Department of Commerce, Alagappa University, Karaikudi, India.
3N.Nagalakshmi, Ph.D Research Scholar, Department of Corporate Secretaryship, Alagappa University, Karaikudi, India.
4M.Vinoth, Assistant professor, Department of Commerce (Corporate Secretaryship), Mannar Thirumalai Naicker College, Madurai, India.
Manuscript received on November 12, 2019. | Revised Manuscript received on November 25, 2019. | Manuscript published on 30 November, 2019. | PP: 5298-5204 | Volume-8 Issue-4, November 2019. | Retrieval Number: D7475118419/2019©BEIESP | DOI: 10.35940/ijrte.D7475.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: In recent years, the logistics companies have gained growth. There various new improvements have been seen in the logistics sector to smooth the progress of transportation and warehousing. In this study the analysis of financial performance was carried out by analyzing their liquidity, solvency and profitability of top five logistics companies in India were selected by their financial statements provided and also to study the variation of financial performance of the sample units, one way ANOVA-test tool was used to compare the financial ratios related to their liquidity, solvency and profitability. The study endeavours to gauge the organizations working execution, productivity, liquidity and dissolvability, to demonstrate that the business is led in a judicious and ordinary way which boosts the investors to invest in the selected logistic companies.
Keywords: Financial Performance, Logistics Sector, Financial Ratios, Liquidity Ratio, Solvency Ratio and Profitability Ratio.
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