A STUDY ON FINANCIAL PERFORMANCE OF COAL INDIA LIMITED

Finance is an integral aspect of every business. The success of an organization depends on how competently the firm is managing the funds available to them. There are many stakeholders in a company, including trade creditors, bondholders, investors, employees, and management. Each group has its own interest in tracking the financial performance of a company. Understanding financial performance is essential for every organization because most of the organization’s crucial decisions depend on the financials. Understanding financial performance is necessary because they help in the decision-making process of the company. Financial performance analysis is the process of determining the operating and financial characteristics of a firm from accounting and financial statements. The goal of such analysis is to determine the efficiency and performance of firm’s management, as reflected in the financial records and reports.