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AN ANALYTICAL STUDY OF FINANCIAL PERFORMANCE OF SELECTED PETROLEUM COMPANIES IN INDIA

Keywords : Liquidity, Profitability, Net profit Ratio, Return on capital, Current- ratio, Quick ratio, Petroleum Companies.

Abstract : In this study Analyse the financial analysis of petroleum companies in India. In order to study the financial strength and profitability of selected Indian petroleum companies, this study was performed. From 2019-20 through 2023-24, the top five listed firms by Market Capitalization are Reliance Industries Ltd., Oil and Natural Gas Corporation (ONGC), Petronet LNG, Oil India, Jindal Drilling. selected Ratios have been used to evaluate the financial and profitability positions of chosen firms, including current- ratio, Quick Ratio, the net profit ratio, and the return on invested capital. An ANOVA with a 5% level of significance was employed to test the hypotheses. The study’s main conclusion is that Reliance Industries Ltd.’s Liquidity and Profitability performance is higher to those of other chosen petroleum companies.

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