Goyallt (NSE:GOYALSALT) Retained Earnings : ₹44 Mil (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Goyallt Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Goyallt's retained earnings for the quarter that ended in Mar. 2023 was ₹44 Mil.

Goyallt's quarterly retained earnings increased from Mar. 2021 (₹23 Mil) to Mar. 2022 (₹28 Mil) and increased from Mar. 2022 (₹28 Mil) to Mar. 2023 (₹44 Mil).

Goyallt's annual retained earnings increased from Mar. 2021 (₹23 Mil) to Mar. 2022 (₹28 Mil) and increased from Mar. 2022 (₹28 Mil) to Mar. 2023 (₹44 Mil).

Goyallt Retained Earnings Historical Data

The historical data trend for Goyallt'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.

* Premium members only.

Goyallt Retained Earnings Chart

Goyallt Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Retained Earnings

22.75

27.51

43.60

Goyallt Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Retained Earnings	-	22.75	27.51	43.60

Goyallt 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.

Goyallt (NSE:GOYALSALT) 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.

Goyallt (NSE:GOYALSALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goyal Salt Ltd (NSE:GOYALSALT) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.goyalsaltltd.com

Goyal Salt Ltd is a company which is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. It refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

Goyallt (NSE:GOYALSALT) Headlines

No Headlines