“Ratio Analysis and Comparative Study of Financials of IOCL with its Competitors”
Submitted for partial fulfilment of the Award
Of
Master of Business Administration
DEGREE
(2011-2013) Submitted By ArushiBhutani 1103270034 UNDER THE GUIDANCE OF Internal Guide:JayaPandey School of Management ABES ENGINEERING COLLEGE, GHAZIABAD (ISO 9001:2000 certified)

AFFILIATED TO MAHAMAYA TECHNICAL UNIVERSITY, NOIDA
Candidate’s Declaration/Certificate I “ARUSHI BHUTANI” hereby declare that the work which is being presented in this report entitled “Ratio Analysis and Comparative Study of Financials of IOCL with its Competitors” is an authentic record of my own work carried out under the supervision of Ms. “JAYA PANDEY”. The matter embodied in this report has not been submitted by me for the award of any other degree. Dated: ARUSHI BHUTANI MBA Department This is to certify that the above statements made by the candidate are correct to the best of my knowledge.

Prof. Rakesh Passi JAYA PANDEY Head of Department Designation: Date: Department: Date:

ACKNOWLEDGEMENT
“Interdependence is a higher value than independence”
Some says “Managers are born and some says managers are made”. I was also in some dilemma before commencing my Summer Internship Project. But after the successful completion of my summer internship project, I came to know that managers are made if they are guided properly and are motivated to walk willingly towards fulfillment of specific goals.
First of all, I express my sage sense of gratitude and indebtedness to H.O.D Prof. Rakesh Passi and my mentor Ms. Jaya Pandey(Faculty) for her valuable guidance and intellectual suggestions during this project.
I express my sage sense of gratitude to my company mentor Mr. Shantanu Saxena (Senior Manager)