RMC Switchgears (BOM:540358) Retained Earnings : ₹0 Mil (As of Sep. 2024)

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What is RMC Switchgears Retained Earnings?

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

RMC Switchgears's quarterly retained earnings increased from Sep. 2023 (₹0 Mil) to Mar. 2024 (₹379 Mil) but then declined from Mar. 2024 (₹379 Mil) to Sep. 2024 (₹0 Mil).

RMC Switchgears's annual retained earnings increased from Mar. 2022 (₹114 Mil) to Mar. 2023 (₹232 Mil) and increased from Mar. 2023 (₹232 Mil) to Mar. 2024 (₹379 Mil).

RMC Switchgears Retained Earnings Historical Data

The historical data trend for RMC Switchgears'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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RMC Switchgears Retained Earnings Chart

RMC Switchgears Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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104.20

108.70

114.47

231.87

378.69

RMC Switchgears Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-	231.87	-	378.69	-

RMC Switchgears 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.

RMC Switchgears (BOM:540358) 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.

RMC Switchgears Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RMC Switchgears Ltd (BOM:540358) » Definitions » Retained Earnings

Traded in Other Exchanges

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Address

B-11 (B&C), Malviya Industrial Area, Jaipur, RJ, IND, 302017

Website

https://www.rmcindia.in

RMC Switchgears Ltd designs and manufactures electronic energy meters, enclosures for energy metering, distribution boxes, panels, sheet moulding compounds, bulk moulding compounds, and solar power equipment, and provides turnkey contracts. The company operates in two segments: primary and secondary. The primary segment is engaged in "Switch Gear Engineering" and "Construction contracts for the power distribution/transmission sector." The secondary segment operates mainly within the geographical limits of India.

RMC Switchgears Headlines

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