Published Paper Details:

The main focus of this study was to examine Indian Oil Corporation Ltd.'s financial results during a five-year period, from the 2018 fiscal year to 2023.The official websites of Indian Oil Corporation Ltd. and other periodicals provided the data used in this study. The ratio analysis approach is used to analyse the gathered data. A number of carefully chosen parameters, including the debt-to-equity ratio, asset turnover ratio, net profit ratio, gross profit ratio, current ratio, and quick ratio, have been used to assess the profitability and liquidity performance of Indian Oil Corporation Ltd. Despite this, there is insufficient data in the study to fully analyse financial performance and its tactics. Based on a subset of the study's data, this analysis found notable variations in financial performance strategies from year to year. The financial performance analysis in this study aids in both short- and long-term forecasting, as well as in identifying growth.