Book is based on the various objectives of Mergers and Acquisitions, as to why corporates go for the inorganic mode of growth. This study is conducted to get the impact of mergers and acquisitions of financial performance of acquiring firms in India. The sample size for the current research is 36 companies which were involved in amalgamation process from 2010-2014. Pre three year and post three year data is used to test the significance of the study. Paired sample t-test statistics is used to test the significance of study. Paired sample t-test statistics is used on the various financial ratios with the help of statistical software SPSS. The overall results of this study show that there is an insignificant deterioration in the performance of the Indian companies. On the basis of the results of the current study it is concluded that overall financial performance of acquiring firms insignificantly deteriorated in the post- merger period. The capital performance of acquiring firms insignificantly deteriorated while the operating efficiency of firms insignificantly improved in after-Merger period. It is finally concluded that impact of M&A on the firms has insignificant impact.