Journal Press India^®

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This study delves into the financial performance of the automobile industry namely Skoda India Pvt Ltd, Thanjavur. The abstract defines financial performance as a systematically organized data conveying insights into the business firm's financial aspects. It emphasizes financial analysis, encompassing viability, stability, and profitability assessments, conducted by professionals using ratios derived from financial statements. The reports generated from this analysis are crucial inputs for top management in their decision-making processes. The project provides a detailed explanation of financial statement analysis, highlighting with two widely used tools: ratio analysis and common size statements analysis. Through the examination of company balance sheets and income statements, this paper aims to guide readers in understanding how these tools can be effectively employed to analyze a firm's financial position.

Keywords

Financial performance, Firm, Decision making, ratio analysis, Automobile Industry

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