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Sanco Trans (BOM:523116) Retained Earnings : ₹0.0 Mil (As of Jun. 2024)


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What is Sanco Trans Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sanco Trans's retained earnings for the quarter that ended in Jun. 2024 was ₹0.0 Mil.

Sanco Trans's quarterly retained earnings increased from Dec. 2023 (₹0.0 Mil) to Mar. 2024 (₹641.7 Mil) but then declined from Mar. 2024 (₹641.7 Mil) to Jun. 2024 (₹0.0 Mil).

Sanco Trans's annual retained earnings increased from Mar. 2022 (₹578.5 Mil) to Mar. 2023 (₹632.9 Mil) and increased from Mar. 2023 (₹632.9 Mil) to Mar. 2024 (₹641.7 Mil).


Sanco Trans Retained Earnings Historical Data

The historical data trend for Sanco Trans'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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Sanco Trans Retained Earnings Chart

Sanco Trans Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 439.23 477.20 578.45 632.87 641.65

Sanco Trans Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 641.65 -

Sanco Trans 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.


Sanco Trans  (BOM:523116) 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.


Sanco Trans Business Description

Traded in Other Exchanges
N/A
Address
Second Line Beach Road, S.T. Tower, New Number 24 & 25, II Floor, Chennai, TN, IND, 600001
Sanco Trans Ltd is engaged in the logistics business in India. The company provides logistics services across multimodal transport operators and container freight station operations, air cargo services for perishable and dangerous goods, transport, and heavy equipment for the handling of materials. It is principally engaged in a single business segment which is Logistics. It also provides stevedoring, warehousing, and distribution services; container terminal maintenance and repair services; customs clearance and port formalities; and multimodal transport operation and freight forwarding services. The business derives revenue from the provision of Equipment and fleet hire, Warehouse, Handling and Agency, and other services, of which substantial income accrues from handling services.

Sanco Trans Headlines

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