International Journal of Commerce and Management Research

Authors
Dr. M Rajesh

Abstract
The overall objective of a business is earning satisfactory returns on the funds invested in it. Consistent with maintaining a sound financial position, an evaluation of such performance is done in order to measure the efficiency of operations or the profitability of the organization and to assess the financial strength as compared with a similarly situated concern. Financial Appraisal is generally directed towards evaluating the liquidity, stability and profitability of a concern which put together symbolizes the financial efficiency of a concern. Financial performance of financial statements for balance sheet and profit and loss account aimed at diagnosing the liquidity, profitability and financial condition of a business concern. The study aims to identify the overall financial performance of the company and suggest to suitable measures improve the performance of the company.