The paper is an attempt to analyze the financial statements of Indian selected Information Technology company mainly based on specific ratios. With intense global competition in the market, booming performance has been a major challenge to management. Because of its strategic importance in the national interest, it is crucial to evaluate the financial performance of Information Technology company by knowing their triviality. Moreover, efficiency of Information Technology industry has assumed primeval essence in a developing country like India due to its major offering towards the growth of economy. In the global ambience, entrants of Information Technology industry have been the vanguard role in India’s financial system with its latest technology and new service-level. Information Technology companies, therefore, perpetually explore means to refashion the business to ameliorate performance. These possible developments can be examined with strength of financial statement analysis. This paper epitomizes an empirical study of financial statement of the selected leading Information Technology company in India from diverse perspectives through statistical tools, graphs and tables, and offers suggestions for melioration of potency in the industry. The study embosoms that Wipro Ltd. remains a transcending performer over the last six years in the Information Technology sector with premier in its financial performance. Overall, the paper provides important spring of dexterity and is efficacious for managers, stakeholders and groundwork.