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Abstract

The mobilization of Indian economy cannot be done with the appraisal of Automobile companies based on its profitability performances. A study of profitability analysis is very much important  to the present globalized economic environment. To analyze financial  performance helps the firms to grow their earning capacity and changes the retained earning process by modifying various revenue ratios Some of the recent major government initiatives such as development of 98 smart cities are expected to provide a major boost to the sector. A significant factor which aids the growth of this sector is the ready availability of the raw materials for making automobile, such as limestone and coal. The main aim of this study was to analyze and understand the impact of profitability, liquidity and solvency position  of the selected Automobile companies in India. First rate quality control and study performance are considered to be the vital factors for the better functioning of the industries. But these factors are not the any yardstick in determining the success of the industries. Only, when the management of these firms and their success will stride to the highest level of targeted success in short period. Under this circumstance the present management strategies are all reviewed to support country’s economic development by way of more productions and growing the consumptions of Automobile and its spares. Based on the studies done on all the major automobile companies they have to take all the efforts needed to stabilize their profitability.

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