This paper attempt to examine the financial performance of RSRTC through financial statement analysis. RSRTC is a public sector transport company owned by the Rajasthan government. Financial statement analysis can be done through Comparative analysis, trend analysis and ratio analysis. In this study ratio analysis technique is used to check the financial condition of the firm. To check the long term earning capacity of the firm and long term and short term ability to pay his liabilities. Profitability and solvency ratio are calculated from the financial data of 2010-11 to 2014-15.