ITM Business School, Warangal.
Online published on 10 January, 2012.
Financial health of a company is a matter of concern for every stake holder of the business. It is in fact the financial position of the company that drives the decision making process of any stake holder. The present study attempts to analyze the financial performance of three major pharmaceutical companies in India: Cipla Ltd, Ranbaxy Laboratories and Dr. Reddy's Laboratories for the period 2006–10. The study is based on fourteen parameters of the variables, Operational & Financial Ratios, Performance Ratios, Growth Ratios and Financial Stability Ratios. The study brings out the comparative efficiency of sample pharmaceutical companies.
Financial performance, Pharmaceutical Industry, ANOVA, Tukey test
