Financial performance of salem steel plant, Salem

The article entitled Financial Performance of Salem Steel Salem analyzes the Financial Performance of the Steel Authority of India Ltd. Finance is very important for any business. Finance is a life blood for any organization. The main objective of the study is to analyze the Financial Performance of the Salem Steel Plant. The research is based on the following methodology. Analytical research design is the research design adopted in this study. Secondary data was obtained from various records of the Salem Steel Plant.. The collected data is analyzed by using Ratio Analysis, Statement of changes in Working Capital, The analysis reveals that there is a fluxion in the gross profit and net profit during the study period. The study helps to identify the financial position of the company. Optimum utilization of working capital can be planned so as to result in sound financial position of the company.