Profit and loss presentation requirements mandate specified line items including revenue, interest, derecognition gains, impairments and tax. The profit or loss section of the statement of profit and loss must present specific line items including revenue (with interest revenue presented separately when determined using the effective interest method), derecognition gains and losses on financial assets measured at amortised cost, finance costs, impairment losses and reversals under Ind AS 109, the share of profit or loss of associates and joint ventures using the equity method, reclassification gains or cumulative OCI amounts on transfers to fair value through profit or loss, and tax expense.