Abstract
Financial performance of any company play a vital role in maximizing shareholder's wealth. The year 2008 observed the great financial crisis and its affects to the financial performance of many of the Indian Industries. The study covers major factors which can affect the financial performance. The study made on by observing the pre and post effect of recession on financial performance of the forty-fourselected companies from real estate sector of India only. For study purpose the period of 2004–08 and 2009–14 have been considered. To measure the financial performance, return on Asset has been considered as proxy variable. And other independent variables have been considered like Liquidity, Leverage and Growth. To know the pre and post-recession period impact on financial performance of companies’, Ordinary least square has been run for an analysis purpose where as to compare the pre and post effect of financial performance paired T test has been used. The study found no impact of selected independent variables on dependent variables or else the study revealed that financial performance of selected companies of real estate sector has not significantly affected due to recession.
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