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Laxmi Organic Industries (BOM:543277) Retained Earnings : ₹0 Mil (As of Sep. 2024)


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What is Laxmi Organic Industries Retained Earnings?

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

Laxmi Organic Industries's quarterly retained earnings declined from Mar. 2024 (₹9,437 Mil) to Jun. 2024 (₹0 Mil) but then stayed the same from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹0 Mil).

Laxmi Organic Industries's annual retained earnings increased from Mar. 2022 (₹7,332 Mil) to Mar. 2023 (₹8,360 Mil) and increased from Mar. 2023 (₹8,360 Mil) to Mar. 2024 (₹9,437 Mil).


Laxmi Organic Industries Retained Earnings Historical Data

The historical data trend for Laxmi Organic 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.

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Laxmi Organic Industries Retained Earnings Chart

Laxmi Organic Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial 3,713.10 4,900.83 7,332.11 8,359.79 9,437.42

Laxmi Organic Industries Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 9,437.42 - -

Laxmi Organic 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.


Laxmi Organic Industries  (BOM:543277) 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.


Laxmi Organic Industries Business Description

Traded in Other Exchanges
Address
Chandermukhi Building, 2nd and 3rd Floor, Nariman Point, Mumbai, MH, IND, 400021
Laxmi Organic Industries Ltd is a specialty chemical manufacturer. Its operating divisions are chemical business and power generation. The company is predominantly engaged in specialty chemical manufacturing focused on two key segments: Acetyl Intermediates and Speciality Intermediates derivative products. Geographically, the company generates a majority of its revenue from India.

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