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Bannari Amman Spinning Mills (BOM:532674) Retained Earnings : ₹0 Mil (As of Mar. 2024)


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What is Bannari Amman Spinning Mills Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bannari Amman Spinning Mills's retained earnings for the quarter that ended in Mar. 2024 was ₹0 Mil.

Bannari Amman Spinning Mills's annual retained earnings declined from Mar. 2022 (₹905 Mil) to Mar. 2023 (₹582 Mil) and declined from Mar. 2023 (₹582 Mil) to Mar. 2024 (₹0 Mil).


Bannari Amman Spinning Mills Retained Earnings Historical Data

The historical data trend for Bannari Amman Spinning Mills'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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Bannari Amman Spinning Mills Retained Earnings Chart

Bannari Amman Spinning Mills 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 493.65 383.63 904.88 582.02 -

Bannari Amman Spinning Mills 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 582.02 - - - -

Bannari Amman Spinning Mills 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.


Bannari Amman Spinning Mills  (BOM:532674) 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.


Bannari Amman Spinning Mills (BOM:532674) Business Description

Traded in Other Exchanges
Address
252, Mettupalayam Road, Coimbatore, TN, IND, 641 043
Bannari Amman Spinning Mills Ltd is engaged in the manufacturing of grey woven fabrics, knitted fabrics, and cotton yarn. The company is also engaged in the business of processing fabrics, garments and wind power generation for captive consumption. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Processing, Garments, Home Textiles and Wind. The products offered by the company include Mercerised polos, Hoodies, Bed linen set, Baby bath towels and Baby duvet cover. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.

Bannari Amman Spinning Mills (BOM:532674) Headlines

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