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...