Government PG College, Karnal.
The impact of global crisis has been transmitted to the Indian economy through three distinct channels, viz., the financial sector, exchange rates and exports. The study analyzed the financial performance of five (5) major listed Jewelry companies in BSE as sample size n = 5 in two time window pre-recession and post-recession period. The research under consideration is used secondary information to measure the impact of economic recession on financial performance of firms during the period. The study did not find any significant change in ETR, NPR, OPR and EPS except GPR which is significant at 10% per cent level of risk. Thus null hypotheses are accepted for financial performance of Indian Jewelry Industry except gross profit performance of the industry in global economic recession.
