MR. ANIL KUMAR K. Y,DR. P. SENTHIL KUMAR
DOI: https://doi.org/Public Sector Undertakings (PSUs) occupy a pivotal position in India’s economic development. They were originally established to accelerate industrialization, promote regional balance, and strengthen the country’s economic self-reliance. In Karnataka, manufacturing PSUs have significantly contributed to employment generation, infrastructure creation, and the development of allied industries. However, the advent of globalization, privatization, and liberalization has posed new challenges for the financial sustainability of PSUs. This study evaluates the financial performance of selected manufacturing PSUs in Karnataka with the help of ratio analysis, trend analysis, and comparative performance assessment. Key parameters such as profitability, liquidity, solvency, and efficiency ratios are examined to understand the financial health and operational viability of these enterprises. The findings reveal mixed performance patterns, with certain PSUs maintaining strong financial stability while others face persistent inefficiencies and debt dependency. The study emphasizes the need for strategic reforms, adoption of modern financial practices, and enhanced corporate governance for ensuring long-term sustainability.
