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Why does the SBI financial report as consolidated show its net loss?

From an account perspective . All listed companies have to prepare both Company Profit & Loss Account & Consolidated Profit & Loss Account As per Legal Norms . Company P&L speaks about companys operation results, While consolidates incorporates all the details of its Subsidiary companies ,means the company as parent (ie SBI) holds . A company becomes SBIs subsidiary when its 51% or more of the shares are held by SBI. Hence the possible conclusion is , While SBI from its operations made profits,wh...

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