COMPARATIVE STUDY ON NESTLE INDIA LIMITED AND BRITANNIA INDUSTRIES LIMITED

Dr. M. Yasodha; P. Priyadharshini; R. Priyanka; P. Rethanya

Volume : IX, Issue : III, March - 2019

COMPARATIVE STUDY ON NESTLE INDIA LIMITED AND BRITANNIA INDUSTRIES LIMITED

Dr. M. Yasodha, P. Priyadharshini, R. Priyanka, P. Rethanya

Abstract :

Ratios analysis is used for compå a firm‘s financial performance with industry averages. The computation of ratios helps the comparison of firms which differ in size. This article has center focus on determining the efficiency and solvency position of Nestle India Limited and Britannia Industries Limited. The study conducted is based on secondary data and it cover two years period. The financial information used in this article is taken from the official website of the company. The study proves that as relating to turnover ratios Britannia Industries Limited is highly efficient and relating to solvency ratios Britannia Industries Limited has better solvency position as compå to Nestle India Limited