An Empirical Study of Financial Performance in selected Steel companies in India

  • Unique Paper ID: 208105
  • Volume: 13
  • Issue: 4
  • PageNo: 385-391
  • Abstract:
  • The Steel industry playing important role in the Indian economy.India has also emerged as the second-largest producer of crude steel by replacing Japan. The present study attempts to verify the financial performance of selected steel companies in India. The study uses secondary data during the year 2021-22 to 2025-26 collected from the annual report of the company& moneycontrol.com. The data has been analyzed using tools like Descriptive Statistics & ANOVA. The results show that Vedanta Company has more return compared to other sample companies & Jindal company has variation during the study period. It is concluded that there is a significant difference in the profitability ratios between the Textile companies & the Years shown by ANOVA test during the study period.

Copyright & License

Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{208105,
        author = {Dr. Sukanya. R},
        title = {An Empirical Study of Financial Performance in selected Steel companies in India},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {13},
        number = {4},
        pages = {385-391},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=208105},
        abstract = {The Steel industry playing important role in the Indian economy.India has also emerged as the second-largest producer of crude steel by replacing Japan. The present study attempts to verify the financial performance of selected steel companies in India. The study uses secondary data during the year 2021-22 to 2025-26 collected from the annual report of the company& moneycontrol.com. The data has been analyzed using tools like Descriptive Statistics & ANOVA. The results show that Vedanta Company has more return compared to other sample companies & Jindal company has variation during the study period. It is concluded that there is a significant difference in the profitability ratios between the Textile companies & the Years shown by ANOVA test during the study period.},
        keywords = {ANOVA, Profitability, Descriptive Statistic, Steel},
        month = {September},
        }

Cite This Article

R, D. S. (2026). An Empirical Study of Financial Performance in selected Steel companies in India. International Journal of Innovative Research in Technology (IJIRT), 13(4), 385–391.

Related Articles