COMPARITIVE STATEMENT ANALYSIS OF MAHINDRA LOGISTICS.

Particulars 2021 2020 Absolute Percentage

Change change

Net Sales 2959.11 3260.90 -301.79 -9.25%

Gross Profit 2974.61 3274.19 -299.58 -9.15%

Expenditure 2937.97 3193.50 -255.53 -8.001%

Net Operating 280.59 80.40 200.19 248.99%

Profit

EBIT 53.75 95.12 -41.37 -43.49%

Interest 17.11 14.43 2.68 18.57%

EBT 36.64 80.69 -44.05 -54.59%

Taxes 8.65 25.55 -16.9 -66.14%

Net Profit 27.99 55.14 -27.15 -49.23%

1. Net sales have decreased by 9.25% from 2020 to 2021

2. Gross Profit has also decreased by 9.15% from 2020 to 2021
3. Earnings Before Interest and Taxes has decreased by -43.49%
4. Interest has increased by 18.57%
5. Earning Before Tax has reduced by 54.59%
6. Taxes have decreased by -66.14%
7. Net Operating Profit have increased by 248.99%
8. Net Profit have decreased by -49.23%

The Net Profit has decreased by -49.23% but the Net Operating profit have increased by
248.99% this happens when there is a high amount of services being provided and the cost of
services provided ratio is high but the operating expenses are low thus resulting in an
increased Net Operating Profit and decreased Net Profit.