Journal Press India^®

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The present study makes an attempt to provide an insight into the comparative financial performance between two selected oil refineries in India. It also makes an endeavour to observe and test the inter-firm comparison. The objective is to analyse and discuss whether there is any significant difference in financial position and performance between sample firms or not during the period under study. Appropriate financial ratios are selected into a uniform boundary to compare their performance. The data were collected from the secondary sources covering a period from 2005 to 2018. Statistical tools such as mean and variance were applied and F test hypothesis has been done to draw significant conclusions.

Keywords

Comparative study; Financial performance; Ratio analysis; F test; Oil refineries

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