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@article{185959,
        author = {YUNUS and SYED SALAUDDIN HUSSAINI},
        title = {A study on financial statements analysis of reliance industries},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {5},
        pages = {3373-3378},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=185959},
        abstract = {This study analyzes the financial performance of Reliance Industries Limited (RIL) from 2021 to 2025 using key financial metrics and theoretical models such as Fundamental Analysis, DuPont Analysis, and the Modigliani–Miller Theorem. The research evaluates RIL’s profitability, liquidity, and solvency ratios to assess its operational efficiency and strategic financial positioning. Findings indicate a consistent improvement in profitability metrics, with ROCE peaking at 12.98% in 2024 and a stable solvency structure reflected in a Debt-to-Equity ratio below 0.65. However, persistent liquidity constraints, indicated by a current ratio below 1, suggest short-term financial pressure. The study concludes that RIL’s diversified investments and debt optimization strategies contribute to strong long-term stability, though enhanced liquidity management remains crucial for sustaining financial agility.},
        keywords = {Reliance Industries Limited, Financial Performance, Ratio Analysis, Profitability, Liquidity},
        month = {October},
        }