Mohit Industries (BOM:531453) Retained Earnings : ₹0 Mil (As of Dec. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Mohit Industries Retained Earnings?

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

Mohit Industries's annual retained earnings declined from Mar. 2022 (₹120 Mil) to Mar. 2023 (₹106 Mil) and declined from Mar. 2023 (₹106 Mil) to Mar. 2024 (₹86 Mil).

Mohit Industries Retained Earnings Historical Data

The historical data trend for Mohit Industries'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.

Mohit Industries Retained Earnings Chart

Mohit Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

Get a 7-Day Free Trial

111.91

118.78

120.02

105.57

86.48

Mohit Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-	86.48	-	-	-

Mohit Industries 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.

Mohit Industries (BOM:531453) 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.

Mohit Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mohit Industries Ltd (BOM:531453) » Definitions » Retained Earnings

Traded in Other Exchanges

MOHITIND:India

Address

Dumas Road, Ring Road, Rajhans Montessa, Office No. 908, 9th Floor, Magdalla, Choryasi, Surat, GJ, IND, 395007

Website

https://www.mohitindustries.com

Mohit Industries Ltd is an India-based company engaged in the manufacturing of Yarns and Textile products. The company is engaged in the manufacture of texturized yarn from partially oriented yarn (POY) and the weaving of the yarn to grey cloth. It exports DTY Yarn to South Korea, Thailand, the Czech Republic, Guatemala, Bulgaria, Indonesia, Japan, Vietnam, Malaysia, Mexico, Colombia, UK, Bangladesh, Sweden, Ethiopia, and other countries. The company generates the majority of its revenue from the sale of finished goods.

Mohit Industries Headlines

No Headlines