A STUDY ON FINANCIAL PERFORMANCE ANALYSIS OF TATA CONSULTANCY LIMITED
Keywords:Financial analysis, Economic growth, IT sector, Financial ratio
The global economy may be expanding, but the Indian software industry is still expanding at a steady rate. As part of the larger business finance role, financial analysis entails looking at historical data to learn more about a company's present and future financial health. IT has a great potential to be an engine of accelerated economic growth, efficiency, improvement for all economic sectors, strengthening India's export market position, reducing trade deficit, and a tool for effective governance. It improves access to information, safeguards consumers, offers access to government services, increases the effectiveness of skill development and training, enhances the liberation of health services, and encourages simplicity. According to the results of the current study, Tata Consultancy Services underwent "A study on financial condition and performance analysis with special reference to Tata Consultancy Services" during a five-year period from 2017–2018 to 2021–2022. The information was taken from the company's annual reports, and books and journals were used to gain more pertinent material. The researcher used Tata Consultancy Services for their study in order to understand the financial ratio in the IT sector. The purpose of this research paper is to determine the financial stability of "TATA CONSULTANCY SERVICES" by analysing the data with the aid of various accounting and statistical approaches.
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