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FINANCIAL PERFORMANCE ANALYSIS OF TATA STEEL LTD. Research Project Submitted in Partial Fulfillment of the Requirements for the Degree of BCOM Honours by Gagandeep singh salooja to the DEPARTMENT OF COMMERCE BHOPAL SCHOOL OF SOCIAL SCIENCES April, 2021 Submitted by Gagandeep singh salooja Guided by Dr Swapna Pillai
CERTIFICATE It is certified that the work contained in the project report titled “Financial performance analysis of Tata steel ltd,,” by “Gagandeep singh salooja,” has been carried out under my/our supervision and that this work has not been submitted elsewhere for a degree* Signature of Supervisor: ................ Name: Dr Swapna Pillai Department: Commerce Bhopal School of Social Sciences April, 2021
DECLARATION I hereby declare that this project report entitled “Financial performance analysis of Tata steel ltd.“ was carried out by me for the degree of BCOM Honours under the guidance and supervision of Dr Swapna Pillai, Associate Professor of Department of Commerce, BSSS College. The interpretations put forth are based on my reading and understanding of the original texts and they are not published anywhere in any form. The other books, articles and websites, which I have made use of are acknowledged at the respective place in the text. This research report is not submitted for any other degree or diploma in any other University. Place: Bhopal Name of the Student: Gagandeep singh salooja Class & Section: BCOM Honours
CHAPTER-1 INTRODUCTION 1.1 Rationale of the study Analysis of financial statement is a systematic process of critical evaluation of the financial information given in financial statement so that these information may be understood properly. For the purpose of analysis individual items are studied, their relationship with other relevant figures is establish and the data are sometime re-arranged to have better understanding of the information with the help of various tools for the purpose. According to Berverd Needles “ Financial statement analysis comprises all the technique employed by user of financial statement to show important relationship in the financial statement”. In short it is a technique of X- raying the financial position and the performance of the enterprise. “The analysis and interpretation of financial statement are an attempt to determine the significance and meaning of financial statement data so that the forecast may be made of the prospects for future earning, ability to pay interest and debts maturities and profitability of a sound dividend policy”. – kennedy and mullar ADVANTAGE OF FINANCIAL STATEMENT ANALYSIS The advantages of financial statement analysis are listed below:

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