Net Profit definition

Net Profit means such profit as is calculated in accordance with paragraph 61;

Net Profit means the net profit of a company as per its financial statement prepared in accordance with the applicable provisions of the Act, but shall not include the following, namely: -

Net Profit and “Net Loss” means, for each fiscal year or other period, an amount equal to the Company’s taxable income or loss for such fiscal year or period, determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss) with the following adjustments:

Examples of Net Profit in a sentence

• The Entity agrees to calculate its Net Profit pursuant to N.J.S.A. 40A:20-3(c).

• Net Profit margin (%) = Net Profit after Tax / Revenue from Operations For and on behalf of Board of directorsKHANNAASHISHDigitally signed by ASHISH KHANNAPlace: MumbaiDate: 2024.01.1614:04:51 +05'30'Date: 16th January, 2024 Ashish KhannaDIN: 06699527Chairman The error has been corrected by restating each of the affected financial results line items for the prior periods as follows ₹ CroresAnnexure - l ₹ Crores Statement of profit and loss 16th January 2024 National Stock Exchange of India Ltd.

• Net Profit Margin FINANCIAL PERFORMANCE WITH RESPECT TO OPERATIONAL PERFORMANCEThe financial performance of the Company for the year 2020-21 is described herein under.[` in Lakhs]FINANCIAL RESULTSF.Y 2020-2021F.Y 2019-2020Total Revenue from Operations (Net) Incl.

• Remuneration for directors and independent directors Unit: NT$ in Thousand Title NameDirectors’ Remuneration Ratio of Total Remuneration (A+B+C+D) toNet Profit After Tax (%)Remuneration to Concurrent Employees Ratio of Total Remuneration (A+B+C+D+E+F+G) to Net Profit After Tax (%) Get Any Remuneration n from the Invested Businesses Other than Subsidiaries Salary (A) Retirement Pension Fund (B) Directors’ Remuneration (C) Business Execution Expense (D) Salary, Bonus & Allowance etc.

• As per section 135 of Companies Act, 2013, every company having net worth 500 Crore or more, or Turnover 1000 Crore or more, or Net Profit 50 Crore or more shall constitute a Corporate Social Responsibility committee.Our company is not falling under required conditions; hence disclosures as per Rule 9 of Companies (Corporate Social Responsibility Policy) Rules, 2014 are not required.

More Definitions of Net Profit

Net Profit or "Net Loss" shall mean, with respect to any fiscal year, the taxable income or loss of the Company as determined for Federal income tax purposes, with the following adjustments:

Net Profit means, with respect to a Fiscal Year, the excess if any, of Profits for such Fiscal Year over Losses for such Fiscal Year (excluding Profits and Losses specially allocated pursuant to Section 5.03 and Section 5.04).

Net Profit means such profit as is calculated in accordance with section 28;

Net Profit means gross income as defined in Section 61 of the Internal Revenue Code minus all the deductions from gross income allowed by Chapter 1 of the Internal Revenue Code, and adjusted as follows:

Net Profit means the net profit as per the Act and Rules based on which the specific percentage for CSR expenditure has to be calculated.

Net Profit or “Net Loss” means the amount by which the Net Assets as of the close of business on the last day of a Fiscal Period exceed (in the case of Net Profit) or are less than (in the case of Net Loss) the Net Assets as of the commencement of the same Fiscal Period (or, with respect to the initial Fiscal Period of the Partnership, at the close of business on the Closing Date), the amount of any Net Profit or Net Loss to be adjusted to exclude any items to be allocated among the Capital Accounts of the Partners on a basis that is not in accordance with the Investment Percentages of all Partners as of the commencement of the Fiscal Period in accordance with Section 5.6 of this Agreement.

Net Profit or “Net Loss “ means, with respect to any fiscal year, the sum of the Company’s: (a) net profit or loss as determined in accordance with the Code and the Regulations thereunder, and (b) any income exempt from federal income tax, after deduction of all expenses properly chargeable to the Company for such fiscal year (whether deductible or non-deductible and whether described in Section 705(a)(2)(B) of the Code, treated as so described pursuant to Treasury Regulations Section 1.704-1(b)(2)(iv)(i), or otherwise). For this purpose, Net Profit or Net Loss shall be determined in accordance with tax accounting principles rather than generally accepted accounting principles, and any expenses required to be capitalized and included in the Company’s adjusted tax basis in any asset or which reduce the amount realized by the Company on the disposition of any asset shall be disregarded.