Question

Give a format of common size statement of profit & loss for two years.

Answer 1

COMMON SIZE STATEMENT OF PROFIT & LOSS for the years ended 31st March, 2024 and 2023
Particulars	Note No.	Absolute Amounts		Percentage of Revenue from Operations
		2023-24 (₹)	2022-23 (₹)	2023-24 (%)	2022-23 (%)
I. Revenue from Operations				100	100
II. Add: Other Incomes
III. Total Income (I + II)
IV. Less: Expenses:
Cost of Materials Consumed
Purchase of Stock in Trade
Changes in Inventories of Finished Goods, Work-inProgress and Stock in Trade
Employee Benefit Exp.
Finance Costs
Depreciation and amortization Exp.
Other Expenses
Total Expenses
V. Profit before Tax (III − IV)
VI. Less: Tax
VII. Profit after Tax (V − VI)