Turnover value

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Sreekumar (Querist)
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22 March 2011 I need a clarification on the value taken as turnover in case of stock trading in Delivery, F&O and Intraday segments. We need to take margin amount as turnover value or the actual amount as turnover value or the profit or loss amount as turnover value.

Please help me with an answer.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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22 March 2011 Turnover in case of stock trading in Delivery - sales value
F&O and Intraday segments - sum of profit + loss.

Margin is neither profit nor loss and hence not part of turnover.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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22 March 2011 Turnover in case of stock trading in Delivery - sales value
F&O and Intraday segments - sum of profit + loss.

Margin is neither profit nor loss and hence not part of turnover.

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