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Radiant Cash Management Services (BOM:543732) Retained Earnings : ₹0 Mil (As of Jun. 2024)


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What is Radiant Cash Management Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Radiant Cash Management Services's retained earnings for the quarter that ended in Jun. 2024 was ₹0 Mil.

Radiant Cash Management Services's quarterly retained earnings increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,636 Mil) but then declined from Mar. 2024 (₹1,636 Mil) to Jun. 2024 (₹0 Mil).

Radiant Cash Management Services's annual retained earnings increased from Mar. 2022 (₹1,003 Mil) to Mar. 2023 (₹1,402 Mil) and increased from Mar. 2023 (₹1,402 Mil) to Mar. 2024 (₹1,636 Mil).


Radiant Cash Management Services Retained Earnings Historical Data

The historical data trend for Radiant Cash Management Services'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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Radiant Cash Management Services Retained Earnings Chart

Radiant Cash Management Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
547.06 870.54 1,002.63 1,401.69 1,635.78

Radiant Cash Management Services Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1,635.78 -

Radiant Cash Management Services 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.


Radiant Cash Management Services  (BOM:543732) 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.


Radiant Cash Management Services Business Description

Traded in Other Exchanges
Address
No. 4/3 Raju Nagar, First Street, Old Mahabalipuram Road, Radiant Building, Okkiyam Thoraipakkam, OMR, Chennai, TN, IND, 600 009
Radiant Cash Management Services Ltd is an integrated cash logistics player with a presence in retail cash management. The company operates its business across five verticals, namely cash pick-up and delivery; network currency management (also known as cash burial in industry parlance); cash processing; cash vans /cash in transit and other value-added services. Its clients include some of the foreign, private and public sector banks, and the end user of services include some of the e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways and retail petroleum distribution outlets. The company generates the majority of its revenue from Cash Pick and Delivery services.

Radiant Cash Management Services Headlines

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