A summer internship report submitted in partial fulfillment of the Degree of Master of Business Administration of Thiagarajar School of Management, Madurai By
Reg No – 1011082
Under the guidance of
Prof. ARUNACHALAM .M
Thiagarajar School of Management
(Affiliated to Madurai Kamaraj University)
Madurai – 625 005
May – July 2011
This is to certify that the project work titled, “FINANCIAL PERFORMANCE ANALYSIS CHENNAI PETROLEUM CORPORATION LIMITED, CHENNAI” was undertaken at CHENNAI PETROLEUM CORPORATION LIMITED, CHENNAI, submitted to Thiagarajar School of Management, Madurai in partial fulfillment of Master of Business Administration Degree is a record of original work done by me and no part of this internship report has been submitted for the award of any other Degree, Diploma, Fellowship or other similar studies.
SIGNATURE SIGNATURE (INTERNAL GUIDE) (EXTERNAL GUIDE)
I put forth my heart and soul to thank The Almighty for being with me all through my achievements, success and failures. I express my sincere and whole hearted gratitude to the management of CHENNAI PETROLEUM CORPORATION LIMITED, MANALI for giving me a golden opportunity to pursue a valuable project. I deem it a privilege to thank Mr. JAGADEESAN .B, SENIOR OFFICER (FINANCE-CORPORATE ACCOUNT & TAXATION) CPCL, MANALI, CHENNAI-68 for his valuable ideas and guidance throughout the project. I extend my deep sense of gratitude to Prof.M.ARUNACHALAM, Faculty, Thiagarajar School of Management for providing support guidance and valuable ideas which helped me to complete this project successfully. I deem it a privilege to thank Mr. Venkiteswaran.N, Director, Thiagarajar School of Management for facilitating my value addition at the institution. I sincerely thank Dr. M. Nagaraju, Principal, Thiagarajar School of Management, for his encouragement. Finally, I extend my thanks to my friends and family members who have been a source of inspiration and support throughout the project.
CONTENTS Page no. List of tables8 List of charts 9 Executive summary10 Chapter 1 Introduction11
1. Objectives 13
2. About the project33
Chapter 2 About the company and industry35 Chapter 3 Review of literature35
Chapter 3 Research Methodology40
3.1 Statement of the problem41 3.2 Scope of study41 3.3 Objectives41 3.4 Research design41 3.5 Data collection42 3.6 Questionnaire construction43 3.7 Sampling Method44 3.8 Tools for analysis44 3.9 Limitations45 Chapter 4 Analysis and Interpretation46 Chapter 5 Findings63
Chapter 6 Conclusions65
Chapter 7 Suggestions67
Chapter 8 Bibliography69
Chapter 9 Annexure71
The project is intended to...