Jargons What is a Statement of Profit & Loss? A company communicates its financial performance to all stakeholders through financial statements. The statement of profit and loss (P&L) or earnings statement is the first of five statements that a company provides. It presents a company’s financial result, i.e. profit or loss. In this article, we will understand what a statement of profit and loss […] Written by marketfeed Team November 9, 2023November 9, 2023