The paper analysed the financial performance of the pharmaceutical industry during pandemic times. Analysing from the previous year, net working capital requirement didn’t change much. Liquidity positions of the companies are also improved during pandemic times. one of the reasons that can be drawn is due to an increase in the supply of medicines. This has also led to increase in the profitability of the companies. However, this performance can also be extraordinary and situation specific. such performance will be hard to repeat when situations get normalized.
The authors profoundly appreciate all the people who have successfully contributed to ensuring this paper in place. Their contributions are acknowledged however their names cannot be mentioned.
The author declared no conflict of interest.
This is an Open Access Research distributed under the terms of the Creative Commons Attribution License (www.creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any Medium, provided the original work is properly cited.
© 2023, Dave, K.
Financial Performance of Large Cap Pharmaceutical Companies in Pandemic Times: Evidence from Indian Large Cap Pharmaceutical Companies
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