Difference between net profit and consolidated net profit

This query is : Resolved 

18 July 2008 Hi All tell me the difference between net profit and consolidated net profit

18 July 2008 Net Profit is the profit as per Stand Alone Balance Sheet of the company while consolidated Net Profit means the net Profit as per consolidated Profit and Loss A/c by taking into a/c the NP of susidiaries and associates in accordance with AS21.



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