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

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…

Recent Updates On Aviation Stocks

Almost all the shares of Aviation Stock is falling due to rise in the price of crude oil which results in rise in high ticket prices which ultimately results in less sales and less profitability. Crude oil is popularly known as aviation oil and airline stocks are highly dependent on it and price of crude hits its new high affecting most of the airline stocks due to which companies like jet airways, spicejet, Indigo suffered huge loss in profitability.

Shares of Spicejet hits a 52-week low of ₹89.40, extending 17% decline in past 10 days. Spicejet came down by 37% in past three months as compared to 12% rise in S&P BSE Sensex. Current stock price is ₹89.40 (BOM) and it’s expected to fall more.

On Jan 2018, Shares of Jet Airways hits its 52-week high of ₹883.65 after continuosly fell down by 67% reaching to its 52-week low ₹274 on Friday. Current stick price is ₹287.40 (NSE) and would fall more as well.

Indigo is the country’s largest airline which runs under its parent company Interglobe aviation ltd. Shares of Interglobe Aviation announced a 97% loss in ts june quarterly net prfit plunged to 27.79 crore. Stock price fell down to nearly 52-Week low of ₹924.70 on Aug 01,2018. Current price is ₹1,047 (NSE) and price would show both rise and fall.

Tips : As i always says, never miss such opportunity. Market downturn is a golden opportunity for traders if done with proper research, so don’t waste your time and take advantage of this opportunity. Buy shares as much as you can and be patient, price can fall more than you expect so always look for the right time. Its a temporary downturn, Aviation stock will surely rise up. Don’t think too much you can’t earn an empire without risking your lifetime sweat. You can choose Spicejet shares as it has good record of paying profit to its traders. You can also choose Indigo for long term investments .


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