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Abstract

Financial statements are compilation of financial data, arranged and organized in a systematic and summarized manner according to the accounting principles, to assess the financial position of an enterprise with its profitability, operational efficiency, long and short term solvency and growth potential. The main objective of the study is to know the profit level of the company. It is analyzed using trend analysis of profit and balance sheet for the period of five years from 2015-2019, based on the secondary data that is balance sheet and profit and loss account. This study concludes that the two major telecom sector that is Bharti Airtel and Vodafone has been affected badly in recent times.

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