A Study on Financial Statement Analysis on Pondicherry Industrial Promotion Development and Investment Corporation Limited PIPDIC , Pondicherry

The main aim of the study is to investigate the financial statement analysis of Pondicherry Industrial Promotion Development and Investment Corporation limited. The financial decision plays a vital role in improving the growth of any organization. The main goal of the accounting department in the firm is to measuring the performance of the organization to its profitability and also measuring the relationship between the net incomes to equity. The data in the present study is fully based on secondary data and it is collected from the past and present performance of Pondicherry Industrial Promotion Development and Investment Corporation Limited providing financial assistant to entrepreneur. In order to analyze the financial performance of the organization, the ratio analysis, comparative balance sheet and trend analysis is used. The result clearly shows that there is high degree of current ratio between the net income and equity, and satisfactory level of comparative balance sheet and the trend analysis is high in the present year. Kalaivanan. K | Jeyakumar. J | Sindhuja. K "A Study on Financial Statement Analysis on Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Pondicherry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29179.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/29179/a-study-on-financial-statement-analysis-on-pondicherry-industrial-promotion-development-and-investment-corporation-limited-pipdic-pondicherry/kalaivanan-k