This document analyzes and interprets the financial statements of mining companies in India. It begins by introducing financial statements and their importance for investors, bankers, and other stakeholders to assess a company's performance and financial condition. It then provides details on the key components and contents of the four main financial statements: the balance sheet, income statement, statement of retained earnings, and cash flow statement. The document applies this financial analysis to study the profitability, liquidity, and growth of several Indian coal and non-coal mining companies over recent years.