Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
Gains and losses that Ind AS routes directly into reserves, presented below net profit and excluded from earnings per share.
The half of the year earnings per share never sees. It still lands in equity, so return on equity can improve on an entirely unchanged business simply because a large OCI loss shrank the denominator.
The transfer of an amount previously recognised in other comprehensive income into profit or loss when a specified event occurs.
The dividing line the OCI section is organised around. Gratuity remeasurements and revaluation surplus never come back; a translation or hedge reserve is only parked, waiting for a disposal or settlement date the business does not choose.
Net profit plus other comprehensive income — the final line of the statement of profit and loss.
The number that actually reconciles to the change in equity. If it sits close to net profit, nothing here needs your attention; if the two diverge by hundreds of crore, the profit line is half the year.