What is Profit&Loss (P&L) Statement ?

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Definition : Also known as Income statement, is a financial statement which shows expenses and revenue of a company during a particular period, usually a fiscal quarter or year.
Read : What Is Balance Sheet ?
Income Statement helps to convey the status of a company i.e. Company is making profit or suffering losses. It is very important to read Income Statement of a company before investing, both of recent and past years.
Note : Revenue : Total amount received from sales of goods and services. Expenses : Total amount spend in producing final product or service.
Structure of P&L Statement  Income Statement is divided into Five main section - Net sales, Cost of Goods Sold, Gross Margin, Operating Expenses and Net Profit Before & After Income Tax (Or Net Loss in case of Loss).
Net Sales : It is the sum of Gross sales excluding its returns, allowances and discounts.Cost Of Goods Sold : Amount of money used to produce the final product. For example cost of inventory, merchandise purchased…

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1. HINDALCO INDUSTRIES LTD. :
Market Cap -  ₹ 49464.72 (Large cap)
     220.05   -0.25 (0.11%)
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2. KIRLOSKAR BROTHER LTD. :
Market Cap -  ₹ 2263.95 (Small cap)
     285.35   -0.70 (0.24%)
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3. SUPREME PETROCHEM LTD. :
Market Cap -  ₹ 2623.41 (Small cap)
     272.60   -7.95 (2.83%)
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4. UFLEX LTD. :
Market Cap -  ₹ 1928.77 (Small cap)
     267.00    +12..35 (4.85%)
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5. ITC LTD. :
Market Cap -  ₹ 332407.84 (Large cap)
     271.75   -0.75 (0.28%)
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6. COAL INDIA LTD. :
Market Cap -  ₹ 168407.01 (Large cap)
     270.90    +0.60 (0.22%)
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7. WIPRO LTD. :
Market Cap -  ₹ 128020.22 (Large cap)
     262.45   -1.65 (0.62%)
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