Abstract:
The study is confined to the issues relating to the financial performance only. Non-financial aspects like marketing, personnel, etc. are not taken into consideration. The objective of the study is to ascertain the degree of financial health condition of the selected units, in other word the 'Degree of Sickness'. In order to get more accurate result of the health conditions of the select units: (i) The dominating figures of the annual reports have been grouped into seven major components; and (ii) The performances of the major components for the last ten years (from 1994-95 to 2003-04) have been considered for study.
