M/s Indore Sales

Shop No2, Plot No 49F,Mechanic Nagar,Bhanwarkuwa, INDORE

Profit & Loss Account

Particulars 2019-20 2020-21 2021-22 2022-23

Audited Provisional Estimated Projected
Sales 94,27,857 1,04,64,921 1,16,16,063 1,28,93,830
Less: Direct Expenses
Purchases 78,55,601 92,09,131 1,02,22,135 1,13,46,570
Direct expenses 2,33,438 2,61,623 2,90,402 3,22,346

Total 80,89,039 94,70,754 1,05,12,537 1,16,68,916

Add: Opening Stock 18,39,414 13,43,879 15,69,738 18,52,409

Less: Closing Stock 13,43,879 15,69,738 18,52,409 21,94,074

Gross Profit 8,43,282 12,20,027 13,86,197 15,66,579

GP ratio 8.9% 11.7% 11.9% 12.1%

Less: Indirect expenses

Cartage & Conveyance 27,765 34,706 43,383 54,229

Insurance 5,317 6,646 8,308 10,385
Rent 1,25,800 1,35,864 1,46,733 1,58,472
Selling & Distribution 9,490 11,863 14,828 18,535
Salary 15,000 18,750 23,438 29,297
Travelling expenses 22,880 28,600 35,750 44,688
Other expenses 31,110 38,888 48,609 60,762
Total 2,37,362 2,75,317 3,21,049 3,76,366
Add: Indirect Income 25,273 24,204 30,255 37,819

EBITDA 6,31,193 9,68,915 10,95,403 12,28,031

6.69% 9.26% 9.43% 9.52%

Depreciation 4,683 3,865 3,285 2,793

EBIT 6,26,510 9,65,050 10,92,118 12,25,239
6.65% 9.22% 9.40% 9.50%

Bank charges 21,210 26,512 33,141 41,426

Bank Interest 71,312 88,000 88,000 88,000

Profit 5,33,988 8,50,537 9,70,977 10,95,813

5.7% 8.1% 8.4% 8.5%