Resurgere Mines & Minerals India (NSE:RMMIL) Net Income: ₹-579.85 Mil (TTM As of Mar. 2018)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Resurgere Mines & Minerals India Net Income?

Resurgere Mines & Minerals India NSE:RMMIL Net Income is ₹-579.85 Mil as of Mar. 2018.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Resurgere Mines & Minerals India's Net Income for the six months ended in Mar. 2018 was ₹-579.85 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2018 was ₹-579.85 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Resurgere Mines & Minerals India's Earnings per Share (Diluted) for the six months ended in Mar. 2018 was ₹-2.92.


Resurgere Mines & Minerals India  (NSE:RMMIL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Resurgere Mines & Minerals India's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2018 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Resurgere Mines & Minerals India Net Income Related Terms


Resurgere Mines & Minerals India Net Income Historical Data

* Premium members only.

The historical data trend for Resurgere Mines & Minerals India's Net Income 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.

Resurgere Mines & Minerals India Net Income Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -590.64 -649.62 -785.67 -598.91 -579.85

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -590.64 -649.62 -785.67 -598.91 -579.85

Resurgere Mines & Minerals India Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Resurgere Mines & Minerals India's Net Income for the fiscal year that ended in Mar. 2018 is calculated as

Net Income(A: Mar. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-579.847+0+0+0
=-579.85

Resurgere Mines & Minerals India's Net Income for the quarter that ended in Mar. 2018 is calculated as

Net Income(Q: Mar. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-579.847+0+0+0
=-579.85

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Mar. 2018 was ₹-579.85 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of ₹-579.85 Mil mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a Net Income of ₹-579.85 Mil as of Mar. 2018. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's Net Income too high?
Resurgere Mines & Minerals India's current Net Income is ₹-579.85 Mil.
How does Resurgere Mines & Minerals India's Net Income compare to competitors?
Resurgere Mines & Minerals India's Net Income of ₹-579.85 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Metals & Mining company?
A good Net Income depends on the Metals & Mining industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Resurgere Mines & Minerals India and its competitors. Resurgere Mines & Minerals India's current Net Income is ₹-579.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resurgere Mines & Minerals India stock overvalued right now?
Resurgere Mines & Minerals India (NSE:RMMIL) has a current Net Income of ₹-579.85 Mil. The current Net Income is ₹-579.85 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Resurgere Mines & Minerals India (NSE:RMMIL), the current Net Income is ₹-579.85 Mil as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Resurgere Mines & Minerals India Business Description

Address 15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038
Resurgere Mines & Minerals India Ltd is engaged in extraction, processing, and sale of iron ore, bauxite and soapstone products and exploration & development of mining assets. The company's products portfolio consists of Lump Ore, Size Ore, Calibrated Lump Ore, Iron Ore Fines, and Bauxite. It operates two mines contracts, Iron Ore mine situated at Satarda and Bauxite mine situated at Mahalmiriya. It owns two mines, Soapstone mine situated at Dhelana in the state of Rajasthan and Bauxite mine situated at Yelwan Jugai, Maharashtra. Majority of the revenue is derived from its only segment Mining & Trading of Minerals.