The paper examines the financial performance of Karnataka Cooperative Oilseeds Growers' Federation (KOF) using various financial performance indicators and principal components analysis. The results indicate that although KOF performed well in the initial years of its operation, it could not sustain this performance in the later period, mainly on account of high management and establishment expenses. Profitability, liquidity and leverage-cum -activity being the most important dimensions of performance, the study suggests that KOF should aim at a reasonable profit, improve its liquidity position and increase leverage supported by increased sales to improve its performance in the long run.