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Financial Statements & Accounting

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Financial Statements & Accounting

Goodwill

The excess of the price paid for a business over the fair value of its identifiable net assets, recorded as an asset on acquisition.

Goodwill = Purchase Consideration - Fair Value of Identifiable Net Assets Acquired ₹ crore Financial Statements & Accounting

Gross Profit

Revenue less the direct cost of the goods or services sold, before operating, financing and tax costs.

Gross Profit = Revenue - Cost of Goods Sold ₹ crore