A FINANCIAL STATEMENT ANALYSIS ON ONGC LTD

Abstract

Financial is regarded as the life blood of a business enterprise. In the modern oriented economy, finance is one of the basic foundations of all kinds of economics activities .Finance statements are prepared primary for decision -making .They play a dominant role in setting the frame work and managerial conclusion and can be drawn from these statements is of immense use in decision- making through analysis and interpretation of financial statements .As said earlier finance is said to be life blood of any business every business under taking needs finance for its smooth working, it has to raise funds from the cheapest and risky source to utilize this in most effective manner . So every company will be interested in knowing its financial performance. The project entitled “Financial Statement analysis of ONGC Ltd '' throw light on overall financial performance of the company .