[தமிழ்]Profit and Loss Statement Basics | Learn Share Market in Tamil

This video is a part of free share market/Equity course in tamil in YouTube

Every company prepares a Profit and Loss Account/statement at the end of the year generally, to get the visibility of the income, earning, expenses and loss incurred in a specific range of period. It is important to prepare Profit and Loss statement because this information helps an organisation to take the right business decision like where should we do the cost-cutting, from where can a business generate more profit and in which part business is suffering the loss. In this article, we will see types of Profit and Loss account and Profit and Loss account format.



Profit and Loss Account/Statement


Types of Profit and Loss


Gross profit/ Gross loss


Net profit/ Net loss

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