GRP (BOM:509152) Retained Earnings : ₹0 Mil (As of Dec. 2023)

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What is GRP Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GRP's retained earnings for the quarter that ended in Dec. 2023 was ₹0 Mil.

GRP's annual retained earnings increased from Mar. 2021 (₹638 Mil) to Mar. 2022 (₹681 Mil) and increased from Mar. 2022 (₹681 Mil) to Mar. 2023 (₹804 Mil).

GRP Retained Earnings Historical Data

The historical data trend for GRP's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GRP Retained Earnings Chart

GRP Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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613.75

621.72

638.41

681.34

803.86

GRP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-	803.86	-	-	-

GRP Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

GRP (BOM:509152) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

GRP (BOM:509152) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GRP Ltd (BOM:509152) » Definitions » Retained Earnings

Traded in Other Exchanges

GRPLTD:India

Address

Kirol Road, Off. L.B. Shastri Marg, 510, A Wing, Kohinoor City Commercial I, Kurla (West), Mumbai, MH, IND, 400 070

Website

http://www.grpweb.com

GRP Ltd is an investment holding company. It is a manufacturer of reclaimed rubber from used tyres, upscaled polyamide from nylon waste and engineered products. The operating segments of the company include Reclaim Rubber and Others. It generates maximum revenue from the Reclaim Rubber segment. Reclaim Rubber segment includes production and marketing of Reclaim rubber product. The Others segment includes Windmill, Custom Die Forms, Engineering Plastics, and Polymer Composite Products.

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