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POWERGRID Infrastructure Investment Trust (BOM:543290) Retained Earnings : ₹-14,265 Mil (As of Mar. 2023)


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What is POWERGRID Infrastructure Investment Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. POWERGRID Infrastructure Investment Trust's retained earnings for the quarter that ended in Mar. 2023 was ₹-14,265 Mil.

POWERGRID Infrastructure Investment Trust's quarterly retained earnings stayed the same from Sep. 2022 (₹0 Mil) to Dec. 2022 (₹0 Mil) but then declined from Dec. 2022 (₹0 Mil) to Mar. 2023 (₹-14,265 Mil).

POWERGRID Infrastructure Investment Trust's annual retained earnings declined from Mar. 2020 (₹2,555 Mil) to Mar. 2022 (₹-1,394 Mil) and declined from Mar. 2022 (₹-1,394 Mil) to Mar. 2023 (₹-14,265 Mil).


POWERGRID Infrastructure Investment Trust Retained Earnings Historical Data

The historical data trend for POWERGRID Infrastructure Investment Trust'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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POWERGRID Infrastructure Investment Trust Retained Earnings Chart

POWERGRID Infrastructure Investment Trust Annual Data
Trend Mar18 Mar19 Mar20 Mar22 Mar23
Retained Earnings
397.28 1,505.97 2,554.86 -1,393.81 -14,265.18

POWERGRID Infrastructure Investment Trust Quarterly Data
Mar18 Mar19 Mar20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,393.81 - - - -14,265.18

POWERGRID Infrastructure Investment Trust 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.


POWERGRID Infrastructure Investment Trust  (BOM:543290) 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.


POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Traded in Other Exchanges
Address
Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001
POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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