A Study on Financial Performance of Bangalore Electricity Supply Company Limited, Bangalore

Abstract

This project report summarizes findings of the project, “Financial Performance of Bangalore Electricity Supply Company Limited” public sector undertaking company.

This project is on the topic financial statement analysis of BESCOM. To make this study more meaningful, the financial statements and ratio analysis, has been shown graphically that how well they are performing. The researcher has put her effort to simplify the idea for readers to clearly grasp, to evaluate the company's financial results with help of balance sheet, income statement and trend analysis. I have used ratios analysis to examine short term solvency position of the organisation.

As per the research the profitability of the firm has also been fluctuating over the years. The main reason behind this could be the fact that the firm has increased its long-term funds over the last five years, because of which the company is incurring a heavy cash outflow in the form of interest and firm should control the outflow of funds.

It can be inferred from the overall analysis that the firm's financial results over the last five years is unsatisfactory, in spite of being still able to maintain its efficiency. The results obtained from accounting tools are proved by using Statistical tools. In order to prove the efficiency and effectiveness of the results.