UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Volume 11 | Issue 5 | May 2024

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Volume 11 Issue 5
May-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2405756


Registration ID:
540398

Page Number

h446-h456

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Title

ANALYZING THE COVID 19 PANDEMIC’s IMPACT ON INDIAN HEALTHCARE INDUSTRY’s FINANCIAL PERFORMANCE

Abstract

The Covid 19 pandemic has had a profound impact on the global economy, with the healthcare industry being one of the most affected sectors. In India, the pandemic has not only strained the healthcare system but has also significantly impacted the financial performance of healthcare companies. This study analyzes the impact of the COVID 19 pandemic on key financial metrics of selected Indian healthcare companies, utilizing a comprehensive dataset from the pre and post pandemic periods. The data has been analyzed from 11 major healthcare companies listed on the National Stock Exchange from F.Y. 2017 18 to F.Y. 2022 23. Using ratio analysis, we examine Operating Profit Margin (OPM), Return on Equity (ROE), Return on Capital Employed (ROCE), Debt Equity Ratio (DER), and Total Assets Turnover Ratio (TATR) employing descriptive statistics and Paired Samples T Tests. The results have crucial implications for stakeholders, including policymakers and healthcare administrators, aiming to fortify the healthcare sector against future crises. This study contributes to the understanding of how major disruptions like pandemics can influence financial strategies and operations within healthcare industry

Key Words

Covid 19, Indian healthcare sector, Financial Performance, Operating Profit Margin, Return on Equity, Debt Equity ratio, Total Assets Turnover ratio

Cite This Article

"ANALYZING THE COVID 19 PANDEMIC’s IMPACT ON INDIAN HEALTHCARE INDUSTRY’s FINANCIAL PERFORMANCE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 5, page no.h446-h456, May-2024, Available :http://www.jetir.org/papers/JETIR2405756.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"ANALYZING THE COVID 19 PANDEMIC’s IMPACT ON INDIAN HEALTHCARE INDUSTRY’s FINANCIAL PERFORMANCE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 5, page no. pph446-h456, May-2024, Available at : http://www.jetir.org/papers/JETIR2405756.pdf

Publication Details

Published Paper ID: JETIR2405756
Registration ID: 540398
Published In: Volume 11 | Issue 5 | Year May-2024
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.39448
Page No: h446-h456
Country: Mumbai, Maharashtra, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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