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4. Understanding the P&L statement

In the previous video, we looked at how to analyze the annual report of a company. The other important statement that companies publish is their Profit and Loss statement (P&L). A P&L statement has the revenues, expenses, taxes, and the profits or losses of a company for a given period. Analyzing a P&L statement will give you a sense of the financial position of the company. In this video, we look at the components of a P&L statement and how to analyze them. Check out this Varsity chapter to learn more about P&L statements: https://zerodha.com/varsity/chapter/u... Do you have any questions? Post a comment at the end of the chapter and we'll answer.