Financial analysis of information and technology industry of India (A study on Wipro ltd)
Author(s):
Duraieswari.S, Sweatha.D
Keywords:
FinancialStatements-Analysis-ComparativeBalancesheet-FinancialPosition- Net income- Cashflow-Performance.
Abstract
This paper is regarding financial performance of Wipro Limited. Financial statements are writtenrecordsthatconveythebusinessactivitiesandthefinancialperformanceofacompany.Financial statements include: income statement primarily focuses on a company’s revenues Balance sheet, Income statement and Cash flow statement. The balance sheet provides an overview of assets, liabilities, and stockholders' equity. The income statement primarily focuses on a company’s revenues and expenses during a particular period. Once expenses are subtracted from revenues, the statement produces a company's profit figure called net income. The cashflow statement (CFS) measures how well a company generates cash to pay its debt obligations, fund its operating expenses, and fund investments. Our objective of this research paper is to analyze the financial position of Wipro Limited, in relation to profits earned during various years and to compare the financial position between the years. This Study is based on the accounting statements of Wipro Limited. The analysis of the performance of collected data is from 2017-2021.Inthispaper Comparative balance sheet has been employed to find out the Financial position.
Article Details
Unique Paper ID: 154909

Publication Volume & Issue: Volume 8, Issue 12

Page(s): 645 - 653
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