Prepare a Comparative Statement of Profit of Varun Ltd. with the help of the following information Revenue from Operations ₹ 56,00,000
Prepare a Comparative Statement of Profit of Varun Ltd. with the help of the following information:
| Particulars | 31.03.2023 | 31.03.2022 |
| Revenue from Operations | 56,00,000 | 60,00,000 |
| Purchase of Stock-in-Trade | 36,00,000 | 40,00,000 |
| Changes in Inventories | (4,00,000) | (2,50,000) |
| Employee Benefit Expenses | 6,00,000 | 5,00,000 |
| Other Expenses | 80,000 | 1,00,000 |
[Ans. Profit before Tax 2022 ₹ 16,50,000; 2023 ₹ 17,20,000.]
Percentage (%) Change in:
| Revenue from Operations | (6.67) |
| Purchase of Stock-in-Trade | (10.00) |
| Changes in Inventories | (60.00) |
| Employee Benefit Expenses | 20.00 |
| Other Expenses | (20.00) |
| Profit before Tax | 4.24 |
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