Form and content of Statement of Profit and Loss Statement of Profit and Loss for the year ended-
I Revenue from operations II Other income III Total Revenue (I+II) IV Expenses: Cost of materials consumed Purchases of stock-in-trade Changes in inventories of finished goods Work-in-progress and stock-in-trade Employee benefits expense Finance costs Depreciation and amortization expense Other expenses Total expenses V Profit before extraordinary items and tax (III-IV) VI Exceptional items VII Profit before extraordinary items and tax (V-VI) VIII Extraordinary items IX Profit before tax (VII-VIII) X Tax XI Profit after tax |