An Empirical Assessment of the Financial Performance of Selected Indian Steel Companies: Focussing on Liquidity, Solvency, Efficiency and Profitability

This research evaluates expressive backgrounds in natural situations and develops a standardized statistic. The fundamental reason for the study is because the country’s iron and steel industry is currently facing a slight downturn, and the government is doing everything it can to bring the industry back on track to becoming the world’s second-largest producer of steel once again.Four Indian steel companies’ ten year financial performance from 2011-12 to 2020-21 is examined in this study; financial statements from four steel companies were analyzed (Four major Indian steel producers: Tata Steel, SAIL,JSW and Visa Steel). Data were analyzed using descriptive statistics, the ANOVA test, and other financial ratio analyses to determine the influence of liquidity on profitability.