Financial Performance of Selected Telecom Companies of India: A Statistical Analysis
DOI:
https://doi.org/10.33516/maj.v56i5.45-51pKeywords:
No Keywords.Abstract
This paper uses 2-factor ANOVA to analyse the profitability, solvency and turnover ratios of three Indian telecom companies. Data for computing these ratios was collected from the annual reports of these companies. The study covers the financial years between 2010 and 2020.
The paper concludes that Airtel has been the most profitable while BSNL has faced continuous losses. Long term solvency of Airtel and BSNL was better than Idea while turnover ratios of Idea were relatively higher than the other two companies.
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