Financial Ratios Return on equity defined as PAT/EQUITY is perhaps the most important prop from the viewpoint of an investor .we can observe from the above graph a stagnant RoE over the four financial old age .we can attribute this to the go down in the hotel exertion . This slump has mainly to do with the devaluation of Asian currency which has do them lots cheaper and they have been able to lure the foreign tourist to a greater extent effectively, eating into the IHC hotel chain revenues.
This along with the Kargil war issue has assign the Indian hotel industry in disfavour with the international tourist traveler. Bibliography: ...If you want to get a full essay, order it on our website:
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