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Why does Kite P&L not match with credit/debit on Console?

Your Kite P&L may not match Console credits/debits because these platforms calculate daily P&L differently, although your overall profit and loss remains the same.

How the platforms differ

  • Kite shows your futures and options P&L based on your entry price using the First In, First Out (FIFO) method. You see your overall P&L and the current day's P&L.
  • Console settles your P&L daily following the standard exchange process called Mark to Market (M2M) for all futures positions. Console creates multiple credit or debit entries for every day you hold a position.

Your Console ledger shows individual entries for each trading day, but when you add all these credits and debits together, they equal your total F&O position P&L shown on Kite.

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