COMPARATIVE STUDY ON NESTLE INDIA LIMITED AND BRITANNIA INDUSTRIES LIMITED
Journal Title: IJAR-Indian Journal of Applied Research - Year 2019, Vol 9, Issue 3
Abstract
Ratios analysis is used for comparing a rm's nancial performance with industry averages. The computation of ratios helps the comparison of rms which differ in size. This article has center focus on determining the efciency and solvency position of Nestle India Limited and Britannia Industries Limited. The study conducted is based on secondary data and it cover two years period. The nancial information used in this article is taken from the ofcial website of the company. The study proves that as relating to turnover ratios Britannia Industries Limited is highly efcient and relating to solvency ratios Britannia Industries Limited has better solvency position as comparing to Nestle India Limited
Authors and Affiliations
Dr. M. Yasodha, P. Priyadharshini, R. Priyanka
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