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A. Mandal

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Open access Sep 2026

Analyzing How Rigorous Financial Analysis Informs Strategic Decisions and Contributes to Corporate Growth: A Comparative Ratio Analysis of Four Indian IT Services Companies (TCS, Infosys, Wipro and HCLTech), FY2023–FY2026

- Financial analysis is often treated as a retrospective accounting exercise, yet in practice it functions as the evidentiary basis on which executives make forward-looking strategic choices: how much capital to invest, how to fund growth, and when to intervene in an underperforming operation. This paper examines that...

A. Mandal, Nihar Pattnaik · 8 citations

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