In this paper an attempt has been made to study the EVA of selected companies of BSE- 30. The study is based on secondary data. The data have been collected from annual reports and capitaline database. The time period for the data was from 2001-02 to 2011-12. The statistical tools like mean, anova, regression and ‘t” test have been used. Researcher has used regression to examine the impact of capital employed on EVA. The regression result showed that independent variable like capital employed has a very significant impact of the EVA. Therefore capital employed and cost of capital and EVA are very significant aspect to measure financial performance.