A comparative study of profitability position before and after mergers and acquisitions of the selected Indian companies

Abstract

The corporate sector all over the world is restructuring its operations through different types of growth strategies like mergers and acquisitions in order to face challenges posed by the new pattern of globalization, which has led to the greater integration of national and international markets. The intensity of cross-border operations recorded an unprecedented surge since the mid-1990s and the same trend continues. The objective of the study is to analyze and compare the pre and post merger and acquisition profitability position of the selected Indian companies. For this, the data was being collected is five years before and after the mergers and acquisition from different secondary database like BSE, NSE, annual reports of the firm etc. The study wants to conclude that cross-border Mergers and Acquisitions of the selected firms have resulted in to significant effect on profitability position or not of selected Indian companies.