📝 Consolidated Results vs Standalone Results
✨ Consolidated Results vs Standalone Results
🔍 What are Financial Results?
Every company reports its performance by showing results 📄 — called "financial results" or "quarterly results". But many people get confused when they see two types of results:
1️⃣ Standalone Results
2️⃣ Consolidated Results
Let’s understand the difference — in the simplest way possible! 👇
🏢 1. What are Standalone Results?
👉 Standalone = "Single" company’s performance.
Imagine you have one bakery shop 🍰 in Mumbai.
✔️ You sell cakes, pay rent, pay salaries — and at the end of the month, you calculate how much you earned.
This is your standalone result — only for YOUR shop — not including your friend’s shop or your cousin’s café.
✔️ This result is like your personal report card 📜 — showing only your bakery’s profit or loss.
✅ In companies:
When a company shows standalone results, it means:
👉 Only this company’s performance — no group companies, no subsidiaries.
🌍 2. What are Consolidated Results?
👉 Consolidated = "Total" performance of the company + its all branches, group companies, subsidiaries.
Now imagine your bakery shop 🍰 also owns:
✔️ A biscuit factory in Delhi 🍪
✔️ A chocolate plant in Pune 🍫
✔️ A coffee café chain in Goa ☕
👉 When you add ALL their sales, profits, losses together — this becomes the Consolidated Result.
✅ In companies:
Big companies have many small companies (subsidiaries) under them.
Consolidated Results = Main company + All its subsidiaries’ performance.
✔️ This shows the complete financial health of the whole business group.
🎯 Simple Example To Understand:
📌 You run a pizza shop 🍕. Your cousin runs an ice-cream shop 🍦 with your money.
✔️ If you show only pizza shop profit = Standalone Result.
✔️ If you show both pizza + ice-cream profits = Consolidated Result.
✔️ Investors mostly care about Consolidated Result — because they want to see the total real picture.
🌟 Key Difference in Super Simple Words:
🔸 Standalone = Own result (Single company only)
🔸 Consolidated = Family result (Company + its kids & cousins — all together)
❓ Why This Matters for Investors?
✅ Some companies’ subsidiaries make big profits (like mutual fund, insurance, IT businesses) — you will miss these if you see only standalone results.
✅ For companies with NO subsidiaries — standalone and consolidated are the same.
👉 So always check "Consolidated" for the full picture! 📸
💡 Final Thoughts:
When reading any result — see if the report says:
✔️ "Standalone" — for only parent company’s performance
✔️ "Consolidated" — for entire group’s performance
📢 Big tip:
For large groups (like auto giants, IT majors) — Consolidated results matter more!
✅ Stay informed. Stay smart. Invest wisely! 💹