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IJNRD
INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
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Impact Factor : 8.76

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Paper Title: A Study on Financial Performance Analysis of Fortis Healthcare Limited in India
Authors Name: Mrs.M.Brindha , Dr.N.Boomathi
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IJNRD_184266
Published Paper Id: IJNRD2211208
Published In: Volume 7 Issue 11, November-2022
DOI:
Abstract: The Healthcare Industry in India is one of the major contributors to the Indian economy, both in terms of revenue and employment. This Industry has grown rapidly in the last five years on account of digitization, innovation, and newer hybrid business models with the integration of traditionalists and technology enterprises. According to health systems ranking of countries worldwide in 2021, India was ranked 111 out of 167 countries by health index score. In 2022 government of India was estimated to spend over 2 % of the country's GDP on healthcare. This was forecasted to reach over 2.5 % of the GDP by 2025. This study aims to analyze the liquidity, profitability, solvency position of Fortis Healthcare Limited. The reference period of the study is 10 years from 2011-2012 to 2020-2021.the required data were collected from the annual report of the respective company. The result of study strongly reveals that financial performance is better in the study period.
Keywords: Healthcare Industry, Financial performance, profitability, solvency, liquidity, Fortis healthcare ltd.
Cite Article: "A Study on Financial Performance Analysis of Fortis Healthcare Limited in India", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 11, page no.c55-c58, November-2022, Available :http://www.ijnrd.org/papers/IJNRD2211208.pdf
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ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID:IJNRD2211208
Registration ID: 184266
Published In: Volume 7 Issue 11, November-2022
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Page No: c55-c58
Country: Erode, Tamil Nadu, India
Research Area: Commerce
Publisher : IJ Publication
Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2211208
Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2211208
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016

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