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Pondy Oxides And Chemicals (BOM:532626) Retained Earnings : ₹0 Mil (As of Mar. 2024)


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What is Pondy Oxides And Chemicals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pondy Oxides And Chemicals's retained earnings for the quarter that ended in Mar. 2024 was ₹0 Mil.

Pondy Oxides And Chemicals's annual retained earnings declined from Mar. 2022 (₹1,735 Mil) to Mar. 2023 (₹0 Mil) but then stayed the same from Mar. 2023 (₹0 Mil) to Mar. 2024 (₹0 Mil).


Pondy Oxides And Chemicals Retained Earnings Historical Data

The historical data trend for Pondy Oxides And Chemicals'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.

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Pondy Oxides And Chemicals Retained Earnings Chart

Pondy Oxides And Chemicals 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 1,217.53 1,315.26 1,735.50 - -

Pondy Oxides And Chemicals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Pondy Oxides And Chemicals 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.


Pondy Oxides And Chemicals  (BOM:532626) 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.


Pondy Oxides And Chemicals (BOM:532626) Business Description

Traded in Other Exchanges
Address
No. 2, Harrington Road, KRM Centre, 4th Floor, Chetpet, Chennai, TN, IND, 600031
Pondy Oxides And Chemicals Ltd is a lead smelter in India. It is engaged in the production of lead, lead alloys, and PVC additives. The company mainly serves battery manufacturers, chemical manufacturers, and PVC extruded manufacturers. Its products comprise lead alloys, Master alloys, Tin alloys, and Babbit alloys. The firm also exports its products to numerous international customers mainly but not limited to the Asian region like South Korea, Japan, Indonesia, and the Middle East. The company also manufactures Zinc metal and Zinc Oxide.

Pondy Oxides And Chemicals (BOM:532626) Headlines

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