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Dev Labtech Venture (BOM:543848) Retained Earnings : ₹0.0 Mil (As of Sep. 2024)


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What is Dev Labtech Venture Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dev Labtech Venture's retained earnings for the quarter that ended in Sep. 2024 was ₹0.0 Mil.

Dev Labtech Venture's quarterly retained earnings increased from Sep. 2023 (₹0.0 Mil) to Mar. 2024 (₹25.4 Mil) but then declined from Mar. 2024 (₹25.4 Mil) to Sep. 2024 (₹0.0 Mil).

Dev Labtech Venture's annual retained earnings increased from Mar. 2022 (₹6.8 Mil) to Mar. 2023 (₹12.1 Mil) and increased from Mar. 2023 (₹12.1 Mil) to Mar. 2024 (₹25.4 Mil).


Dev Labtech Venture Retained Earnings Historical Data

The historical data trend for Dev Labtech Venture'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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Dev Labtech Venture Retained Earnings Chart

Dev Labtech Venture Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
4.57 4.93 6.80 12.12 25.41

Dev Labtech Venture Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Retained Earnings Get a 7-Day Free Trial 7.31 12.12 - 25.41 -

Dev Labtech Venture 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.


Dev Labtech Venture  (BOM:543848) 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.


Dev Labtech Venture Business Description

Traded in Other Exchanges
N/A
Address
Dairy Road, Near Nilambaug Circle, GF/22-23, Pattani Plaza, Bhavnagar, GJ, IND, 364002
Dev Labtech Venture Ltd is engaged in the business of manufacturing, marketing and sourcing of diamonds: Natural and Lab grown having wide application in Jewelry. It operates in both domestic and export markets. It exports its products to United States and Hong Kong.

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