Analysis of Financial Statement Case Study Jindal Steel Power Limited

Abstract

The present study work is based on data collected from annual reports and Personal- interviews from various accounts personnel of the company by the candidate. This work has some important policy implications for the authorities concerned to improve their profitability and act as a shield against in pending danger of sickness and also as vital components of therapeutic mix to be prescribed for rejuvenation of the already sick unit. newlineFinancial analysis is the process of identifying the financial strength and weaknesses of the firms by properly establishing a relationship between the items on the balance sheet and the profit and loss account. Analysis and interpretation of financial statements are an attempt to determine the significance and meaning of the financial statement data so that a forecast may be made for the prospects for further earnings, ability to pay interest, debt maturities both current as well as long term profitability of sound policy. newlineIndia has been rather slow as far as the application of modern techniques of financial management and controls are concerned. Analysis of functional. management and control are concerned with the analysis of financial position through such techniques to improve the efficiency of an under thing and to achieve the better operative result with a higher quality of productivity and profitability or its industrial units in order to enable them to complete with competitive industries. I have taken the topic quotAnalysis of Financial Statement of Jindal Steel and Power Ltd.quot as my subject for the thesis. The researcher conceived a five-year study for analysis. Besides, the textbooks with study constitute the annual report and current of Shree Cement Ltd. newlineThe entire thesis is divided into nine chapters. The first chapter deals with the introduction of financial analysis and interpretation. The second chapter covered the analysis of the financial statement. The third chapter includes the objective of the present study. The fourth chapter general introduction to Jindal Steel and