ISO 9001:2015

A STUDY ON FINANCIAL PERFORMANCE AND ANALYSIS OF LMW EMPLOYEE'S COOPERATIVE THRIFT AND CREDIT SOCIETY LIMITED

Dr. S. Maheshkannan & Xavier Henry. G

The Cooperative societies are the grass root organization of group of people United with collective responsibilities to meet their common economically, socially and culturally needs which run with philosophy of self-reliance and mutual help.  This study is focused on the financial performance of the LMW Employee's Cooperative Thrift and Credit Society Limited from2016-17 to 2020-21 both effective and efficient economically and socially. As a result the society has been escalating year by year with increasing their sources like reserve fund, share capital, profit position. But the society's membership and deposits are decreasing yearly. The tools like growth index and growth rate were used for financial analysis of the study. Through this study the society can gain more interior information and can changes their process for better development and publish their knowledge to their members in the upcoming years to run successfully.

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Keywords: LMW, Cooperative, Development, Financial Analysis, Employees.


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