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Diamond Power Infrastructure (BOM:522163) Retained Earnings : ₹0 Mil (As of Dec. 2023)


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What is Diamond Power Infrastructure Retained Earnings?

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

Diamond Power Infrastructure's quarterly retained earnings increased from Mar. 2023 (₹-20,481 Mil) to Sep. 2023 (₹0 Mil) but then stayed the same from Sep. 2023 (₹0 Mil) to Dec. 2023 (₹0 Mil).

Diamond Power Infrastructure's annual retained earnings declined from Mar. 2021 (₹-19,679 Mil) to Mar. 2022 (₹-19,933 Mil) and declined from Mar. 2022 (₹-19,933 Mil) to Mar. 2023 (₹-20,481 Mil).


Diamond Power Infrastructure Retained Earnings Historical Data

The historical data trend for Diamond Power Infrastructure'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.

Diamond Power Infrastructure Retained Earnings Chart

Diamond Power Infrastructure Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -19,678.55 -19,932.58 -20,481.45

Diamond Power Infrastructure Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 - - -20,481.45 - -

Diamond Power Infrastructure 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.


Diamond Power Infrastructure  (BOM:522163) 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.


Diamond Power Infrastructure (BOM:522163) Business Description

Traded in Other Exchanges
Address
Corporate Road, PALLADIUM, A-2, 12th Floor, Behind Divya Bhaskar Press, Prahladnagar, Ahmedabad, GJ, IND, 380015
Diamond Power Infrastructure Ltd is a manufacturer of power transmission equipment and a turnkey service, provider. The firm produces flexible wires and cables of various voltage grades, conductors, transformers, transmission towers, control, and relay panels, isolators, and engineering, procurement, and construction. The conductors include aluminum conductors, all aluminum alloy conductors, aluminum conductor steel reinforced, aluminum conductor alloy reinforced, and high conductivity alloy conductors. The existing capacities of the firm are in aluminum and alloy rods, alloy, and aluminum conductor steel-reinforced conductors, high tension cable and specialty cables, and power transformers.

Diamond Power Infrastructure (BOM:522163) Headlines

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