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PIX Transmissions (BOM:500333) Retained Earnings : ₹0 Mil (As of Jun. 2024)


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What is PIX Transmissions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PIX Transmissions's retained earnings for the quarter that ended in Jun. 2024 was ₹0 Mil.

PIX Transmissions's quarterly retained earnings increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹4,454 Mil) but then declined from Mar. 2024 (₹4,454 Mil) to Jun. 2024 (₹0 Mil).

PIX Transmissions's annual retained earnings increased from Mar. 2022 (₹3,181 Mil) to Mar. 2023 (₹3,708 Mil) and increased from Mar. 2023 (₹3,708 Mil) to Mar. 2024 (₹4,454 Mil).


PIX Transmissions Retained Earnings Historical Data

The historical data trend for PIX Transmissions'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.

PIX Transmissions Retained Earnings Chart

PIX Transmissions 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 1,971.20 2,591.30 3,180.82 3,707.63 4,453.68

PIX Transmissions 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 - - - 4,453.68 -

PIX Transmissions 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.


PIX Transmissions  (BOM:500333) 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.


PIX Transmissions Business Description

Traded in Other Exchanges
Address
One BKC, Bandra-Kurla Complex, 12th Floor, Unit No. 1208, B Wing, Bandra (East), Mumbai, MH, IND, 400 051
PIX Transmissions Ltd is engaged in the manufacturing of belts and related mechanical power transmission products in India. The company offers belt products for various sectors such as industrial, agricultural, lawn and garden, automotive, and special application. It also offers other belts such as Ribbed / Poly-V Belts, Banded Belts, Industrial Belts, Agriculture Belts and Other.

PIX Transmissions Headlines

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