When you invest your savings in any of the financial instruments, you would want to know the returns you are earning. The profit and Loss (P&L) Summary does the needful for you. It gives you an insight into your trading and shows whether your investment is profitable or not. This information helps you to understand how worthwhile your trading decisions were. Let’s take an in-depth look at what this report is and how it helps you.
What is a Profit & Loss Summary Report?
This report provides detailed information on the profit or loss incurred by you in your trades during a financial year (FY). The report includes segment-wise trading details like scrip name, buy value, sell value, realized profit/loss, and unrealized profit/loss. Below is the list of a few incomes that are considered in this report.
- Incomes
How does this report benefit you?
You know that P&L Summary Report is very important as it showcases your profits/losses. Now, let’s look at all the benefits that this report has.
- Monitor your profit/loss for each transaction
- Gives you short-term, long-term, delivery, and intraday profit/loss for a specific period
- Helps in tax computation
How can you download this report?
Follow the below steps to download the report using our Angel One app.
- Go to the ‘Reports’ section on your mobile app
- Head to the ‘Transactional Reports’ section
- Select ‘P&L Summary’
- Choose the segment for which you want the report or click on ‘All’ to view a combined report
- If you are using the app, select the FY and click on ‘Email’ to get the report on your registered email address
OR
If you are downloading the report from our web platform, select the FY and segment and
- Click on ‘Go’ to view the report
- Download the report in excel or pdf format by clicking on the icons above
Follow these instructions to download your P&L report from our trading platform.
Segments P&L Summary Reports
You can see P&L Summary Reports for a particular financial year for the below-mentioned segments.
- Equity
- Future & Options (F&O)
- Currency
- All – Consolidated Report Of All Segments
Let’s look over the key details of the report
Below is the snapshot of the Equity P&L report that you can download from the Angel One app.
Now let’s learn all about the important details that you can witness in all the P&L Summary Report.
1. Company Name/Scrip Name
The name of the company for which you bought securities or the scrip name of the shares you are trading.
2. Quantity
The number of securities you are purchasing/selling for a particular security for a selected financial year.
3. Buy/Sell Average Rate
It is the average rate (per share) including charges at which a particular security was bought/sold.
4. GR Rate or Grandfathered Rate
If you have bought a scrip before 31st January 2018, your buy rate would be Grandfathered to adjust your long-term capital gains. Here, GR Rate is the standard rate which will be the base at which your buy value would be adjusted.
5. Buy/Sell Amount
It is the total amount (including charges) at which you bought or sold the securities.
6. P/L Intraday
You can see the profit/loss of all the intraday transactions you have entered into during the specified period.
7. P/L Short Term
The profit/loss you have earned on the securities that you have held for the short-term is mentioned here. Here, short-term refers to the period of less than one year.
8. P/L Long Term
It is the profit/loss on the long-term securities. Wherein, long-term securities are those which you have held for more than a year.
9. P/L Notional
The amount of profit/loss arrived at by keeping the closing rate as the base for the quantity you are holding is a notional profit/loss.
10. Closing Rate
The closing rate is the rate of your securities as of the closing date. The closing date here refers to the day previous to the end date of the period you have selected.
11. Option Type / Strike Price
Option Type represents the type of option you have chosen while entering into the contract. While Strike Price is the predetermined price at which your derivatives contract will be bought/sold at the time of expiry.
12. Expiry Date
It is the date on which the trading position automatically closes.
13. Total Charges
It is the amount incurred to carry out the transaction such as brokerages, GST, STT/CTT, and other applicable charges.
Conclusion
Now you must have understood how the P&L Summary Report forms the foundation of your investment or trading decisions. This report is relatively easy to understand and will help you assess your profits, losses, and taxes. Download the report from our web here to analyze your investment portfolio.
