LGB Forge (BOM:533007) Retained Earnings : ₹0.0 Mil (As of Dec. 2024)

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What is LGB Forge Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LGB Forge's retained earnings for the quarter that ended in Dec. 2024 was ₹0.0 Mil.

LGB Forge's annual retained earnings declined from Mar. 2022 (₹-411.6 Mil) to Mar. 2023 (₹-490.3 Mil) and declined from Mar. 2023 (₹-490.3 Mil) to Mar. 2024 (₹-590.3 Mil).

LGB Forge Retained Earnings Historical Data

The historical data trend for LGB Forge'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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LGB Forge Retained Earnings Chart

LGB Forge Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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-480.37

-446.03

-411.60

-490.32

-590.31

LGB Forge 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															-	-590.31	-	-	-

LGB Forge 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.

LGB Forge (BOM:533007) 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.

LGB Forge Business Description

Industry

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Address

6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore, TN, IND, 641 006

Website

https://www.lgbforge.com

LGB Forge Ltd is engaged in the manufacturing of cold and hot forged components, and machined components. It is engaged in manufacturing auto, electrical and transmission forged components for automobiles, and non-automotive segments, such as the valve industry and infrastructure equipment industry. The firm's product categories include hot forging, hot and warm forging, and cold forging. The hot forging products include valve bonnets, rocker arms, and bucket tooths. The hot and warm forging products include bell, body starter clutch, tulip, and claw. The cold forging products include ball pins, ball rods, boss rotors, fuel pump components, and others. Geographically, the company derives its key revenue from India.

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