GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Renewable Energy Development Agency Ltd (BOM:544026) » Definitions » Retained Earnings

Indian Renewable Energy Development Agency (BOM:544026) Retained Earnings : ₹383 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Indian Renewable Energy Development Agency Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Indian Renewable Energy Development Agency's retained earnings for the quarter that ended in Mar. 2024 was ₹383 Mil.

Indian Renewable Energy Development Agency's quarterly retained earnings declined from Sep. 2023 (₹4,455 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹383 Mil).

Indian Renewable Energy Development Agency's annual retained earnings increased from Mar. 2022 (₹14 Mil) to Mar. 2023 (₹25 Mil) and increased from Mar. 2023 (₹25 Mil) to Mar. 2024 (₹383 Mil).


Indian Renewable Energy Development Agency Retained Earnings Historical Data

The historical data trend for Indian Renewable Energy Development Agency'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.

Indian Renewable Energy Development Agency Retained Earnings Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Retained Earnings
27.48 13.82 25.05 382.57

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only 25.05 2,303.28 4,455.20 - 382.57

Indian Renewable Energy Development Agency 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.


Indian Renewable Energy Development Agency  (BOM:544026) 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.


Indian Renewable Energy Development Agency (BOM:544026) Business Description

Comparable Companies
Traded in Other Exchanges
Address
August Kranti Bhavan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. It is a financial institution with over 36 years of experience in the business of promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities, such as equipment manufacturing and transmission.

Indian Renewable Energy Development Agency (BOM:544026) Headlines

No Headlines