Explanation:

Comparative Income Statement for the year ended March 31, 2014 and 2015

Particulars            2018           2019           Absolute               Percentage

                              (Rs)   (Rs)                       Change Change (%)

1. Revenue from Operations:

               45,00,000             60,00,000             15,00,000   33.33

II. Expenses:

a. Depreciation    6,00,000               7,50,000               1,50,000     25.0

b. Employees Benefit Expenses:

22,50,000             30,00,000             7,50,000     33.33

c. Other Expense10,00,000             15,50,000             5,50,000     55.0

Total           38,50,000             53,00,000             14,50,000   37.66

Profit before Income Tax:

6,50,000               7,00,000               50,000        7.69

Less: Income Tax:

                              1,95,000               2,10,000               15,000        7.69

Profit after Income Tax:

                              4,55,000               4,90,000               35,000        7.69