Standalone statements exclusively display the financial performance of the listed company itself and do not incorporate the financials of its subsidiaries or affiliated businesses.

Consolidated financial statements combine the financials of the parent company and its subsidiaries, presenting the data as a unified entity. This provides a comprehensive overview of the performance of the entire business.

Consolidated financials, encompassing data from multiple businesses, can diverge significantly from standalone figures. For instance, while standalone financials may indicate losses, consolidated numbers could reflect profits due to the contribution of an outperforming subsidiary company and vice versa.