A STUDY ON FINANCIAL PERFORMANCE OF IT SECTOR IN INDIA

IT i.e. Information Technology is one of the fastest growing sector in the Indian economy and has successfully created the niche in the global market in the span of last few decades. In the year 2017-18 the country contributed to approximately 55% of market share of the Global service sourcing business with a bold visible figures of this sector’s contribution in the GDP of the country. India has become the digital capabilities hub of the world with around 75 per cent of global digital talent present in the country. Increased globalization and governments attention has further geared the performance of this sector quite positively. Thus the objective of the study is to analyze the financial performance of the IT sector in India . The study also is dedicated to analyze the trend of the financial performance of the very industry. The secondary data from the selected IT players are taken as base of the study and various quantitative tools are adopted to form financial prescience of IT sector operating in India.

 

KEYWORDSIT, Financial Performance, Profitability, Liquidity, Solvency, Activity.


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