Steelman Telecom (BOM:543622) Retained Earnings : ₹0 Mil (As of Sep. 2024)

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What is Steelman Telecom Retained Earnings?

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

Steelman Telecom's quarterly retained earnings increased from Sep. 2023 (₹0 Mil) to Mar. 2024 (₹47 Mil) but then declined from Mar. 2024 (₹47 Mil) to Sep. 2024 (₹0 Mil).

Steelman Telecom's annual retained earnings declined from Mar. 2022 (₹78 Mil) to Mar. 2023 (₹78 Mil) and declined from Mar. 2023 (₹78 Mil) to Mar. 2024 (₹47 Mil).

Steelman Telecom Retained Earnings Historical Data

The historical data trend for Steelman Telecom'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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Steelman Telecom Retained Earnings Chart

Steelman Telecom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

23.82

40.21

78.41

77.87

46.66

Steelman Telecom Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Retained Earnings	Get a 7-Day Free Trial			-	77.87	-	46.66	-

Steelman Telecom 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.

Steelman Telecom (BOM:543622) 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.

Steelman Telecom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Steelman Telecom Ltd (BOM:543622) » Definitions » Retained Earnings

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Address

Street No. 315, New Town, Rishi Tower, Premises No. 02-315, Kolkata, WB, IND, 700156

Website

http://www.steelmantelecom.com

Steelman Telecom Ltd offer support services and solutions to address the network requirements of the telecom industry. The company provide services for network survey and planning, installation and commissioning, network testing and optimization, network solutions and managed services for network maintenance.

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