Rhetan TMT (BOM:543590) Retained Earnings : ₹0.0 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Rhetan TMT Retained Earnings?

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

Rhetan TMT's quarterly retained earnings declined from Mar. 2023 (₹41.6 Mil) to Sep. 2023 (₹0.0 Mil) but then stayed the same from Sep. 2023 (₹0.0 Mil) to Mar. 2024 (₹0.0 Mil).

Rhetan TMT's annual retained earnings increased from Mar. 2022 (₹-12.6 Mil) to Mar. 2023 (₹41.6 Mil) but then declined from Mar. 2023 (₹41.6 Mil) to Mar. 2024 (₹0.0 Mil).

Rhetan TMT Retained Earnings Historical Data

The historical data trend for Rhetan TMT'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.

* Premium members only.

Rhetan TMT Retained Earnings Chart

Rhetan TMT Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

-37.72

-36.37

-12.58

41.59

Rhetan TMT Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Retained Earnings	Get a 7-Day Free Trial			-12.58	-	41.59	-	-

Rhetan TMT 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.

Rhetan TMT (BOM:543590) 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.

Rhetan TMT (BOM:543590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rhetan TMT Ltd (BOM:543590) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006

Website

http://www.rhetan.com

Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.

Rhetan TMT (BOM:543590) Headlines

No Headlines