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  • P&L Groupfit Insurence Brokers PVT LTD

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    madhusudhan N R
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    Groupfit Insurance Brokers Pvt Ltd's profit and loss statement shows increasing revenue from insurance premiums over 12 months of 2022, starting at Rs. 5 lakh in April and ending at Rs. 25 lakh in March. Expenses such as salaries, agent commissions and advertising also increased steadily. Despite rising expenses, net earnings increased each month from Rs. 1.7 lakh to Rs. 14.6 lakh by the end of the year, with total net earnings of Rs. 122.2 lakh for 2022.

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    P&L GROUPFIT INSURENCE BROKERS PVT LTD (1)

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    Groupfit Insurance Brokers Pvt Ltd's profit and loss statement shows increasing revenue from insurance premiums over 12 months of 2022, starting at Rs. 5 lakh in April and ending at Rs. 25 lakh in March. Expenses such as salaries, agent commissions and advertising also increased steadily. Despite rising expenses, net earnings increased each month from Rs. 1.7 lakh to Rs. 14.6 lakh by the end of the year, with total net earnings of Rs. 122.2 lakh for 2022.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    13 views2 pages

    P&L Groupfit Insurence Brokers PVT LTD

    Uploaded by

    madhusudhan N R
    Groupfit Insurance Brokers Pvt Ltd's profit and loss statement shows increasing revenue from insurance premiums over 12 months of 2022, starting at Rs. 5 lakh in April and ending at Rs. 25 lakh in March. Expenses such as salaries, agent commissions and advertising also increased steadily. Despite rising expenses, net earnings increased each month from Rs. 1.7 lakh to Rs. 14.6 lakh by the end of the year, with total net earnings of Rs. 122.2 lakh for 2022.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    GROUPFIT INSURANCE BROKERS PVT LTD

    Profit and Loss (P&L) Statement


    [RS IN LAKH] 2021-2022
    APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR Full Year
    POSP 2.0 3.0 4.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0 12.0 12.0 96.0
    HELATHCARE 3.0 4.0 5.0 7.0 8.0 8.0 9.0 11.0 12.0 13.0 13.0 13.0 106.0
    Returns, Refunds, Discounts - - - - - - - - - - - - -
    Total Net Revenue 5.0 7.0 9.0 13.0 15.0 16.0 18.0 21.0 23.0 25.0 25.0 25.0 202.0

    PREMIUM - - - - - - - - - - - - -
    Gross Profit 5.0 7.0 9.0 13.0 15.0 16.0 18.0 21.0 23.0 25.0 25.0 25.0 202.0

    Expenses
    Advertising & Promotion 0.5 0.5 0.5 0.5 0.5 0.6 0.7 0.8 1.0 1.0 1.0 1.0 8.6
    Depreciation & Amortization - - - - - - - - - - - - -
    Insurance - - - - - - - - - - - - -
    Maintenance - - - - - - - - - - - - -
    Office Supplies - - - - - - - - - - - - -
    Rent - - - - - - - - - - - - -
    Salaries, Benefits & Wages 1.0 1.2 1.2 1.4 1.6 1.6 1.6 1.6 2.0 2.0 2.0 2.0 19.2
    Telecommunication - - - - - - - - - - - - -
    Travel 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 2.4
    Utilities 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 2.4
    Other Expense 1 0.1 0.1 0.1 0.2 0.3 0.4 0.4 0.4 0.5 0.5 0.5 0.5 4.0
    Agent Comission(30%) 1.5 2.1 2.1 2.7 2.7 3.3 3.3 3.9 4.5 5.1 5.7 6.3 43.2
    Total Expenses 3.3 4.1 4.1 5.0 5.5 6.3 6.4 7.1 8.6 9.2 9.8 10.4 79.8
    Earnings Before Interest & Taxes 1.7 2.9 4.9 8.0 9.5 9.7 11.6 13.9 14.4 15.8 15.2 14.6 122.2

    - - - - - - - - - - - - -
    Earnings Before Taxes 1.7 2.9 4.9 8.0 9.5 9.7 11.6 13.9 14.4 15.8 15.2 14.6 122.2

    Income Taxes - - - - - - - - - - - - -
    Net Earnings 1.7 2.9 4.9 8.0 9.5 9.7 11.6 13.9 14.4 15.8 15.2 14.6 122.2
    [Company Name]
    Profit and Loss (P&L) Statement

    1 2 3 4
    Revenue stream 1 - - - - -
    Revenue stream 2 - - - - -
    Returns, Refunds, Discounts - - - - -
    Total Net Revenue - - - - -

    - - - - -
    Gross Profit - - - - -

    Expenses
    Advertising & Promotion - - - - -
    Depreciation & Amortization - - - - -
    Insurance - - - - -
    Maintenance - - - - -
    Office Supplies - - - - -
    Rent - - - - -
    Salaries, Benefits & Wages - - - - -
    Telecommunication - - - - -
    Travel - - - - -
    Utilities - - - - -
    Other Expense 1 - - - - -
    Other Expense 2 - - - - -
    Total Expenses - - - - -
    Earnings Before Interest & Taxes - - - - -

    Interest Expense - - - - -
    Earnings Before Taxes - - - - -

    Income Taxes - - - - -
    Net Earnings - - - - -

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