Abstract
The Indian textile industry is one of the biggest in the world, with a sizable basis for producing raw materials and textiles. Along with other important industries, textile manufacturing and commerce are significant parts of our economy. Raymond Group is one of the largest players in fabrics, designer wear, denim, personal care, engineering files and tools, prophylactics, and air charter services in national and international markets. The main objectives of this study are to find out the impacts of liquidity and solvency on profitability and their effects on Raymond’s financial performance. The financial data from 2016 to 2021 was used for the study. Majoritarily, liquidity, solvency, and profitability ratios were calculated, and the impacts and effects were tested using correlation and regression. The study found that the liquidity and solvency of the company were not great and were also highly influenced by profitability factors. Keywords: Financial Performance, Liquidity, Solvency, Profitability.
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