A STUDY ON FINANCIAL PERFORMANCE OF MRF TYRES LIMITED

Authors

  • Mr.P.Kanagaraj Assistant Professor in Department of Commerce with Professional Accounting, Dr.N.G.P Arts & Science College, Coimbatore,
  • Ms. K. Nandhini Student in Department of Commerce with Professional Accounting, Dr.N.G.P Arts & Science College, Coimbatore

Abstract

The largest manufacturer of tyres in India, Maddras Rubber Factory (MRF) is the subject of this study’s 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 company's financial health and efficiency. Additionally, a comparative analysis is conducted to examine MRF Tyres Limited's 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.

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Published

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How to Cite

Mr.P.Kanagaraj, & Ms. K. Nandhini. (2023). A STUDY ON FINANCIAL PERFORMANCE OF MRF TYRES LIMITED. EPRA International Journal of Research and Development (IJRD), 8(6), 185–189. Retrieved from https://eprajournals.net/index.php/IJRD/article/view/2273

Issue

Vol. 8 No. 6 (2023): EPRA International Journal of Research and Development (IJRD)

Section

Articles