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Gandhar Oil Refinery (India) (BOM:544029) Retained Earnings : ₹0 Mil (As of Sep. 2024)


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What is Gandhar Oil Refinery (India) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gandhar Oil Refinery (India)'s retained earnings for the quarter that ended in Sep. 2024 was ₹0 Mil.

Gandhar Oil Refinery (India)'s quarterly retained earnings declined from Mar. 2024 (₹7,160 Mil) to Jun. 2024 (₹0 Mil) but then stayed the same from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹0 Mil).

Gandhar Oil Refinery (India)'s annual retained earnings increased from Mar. 2022 (₹3,902 Mil) to Mar. 2023 (₹5,794 Mil) and increased from Mar. 2023 (₹5,794 Mil) to Mar. 2024 (₹7,160 Mil).


Gandhar Oil Refinery (India) Retained Earnings Historical Data

The historical data trend for Gandhar Oil Refinery (India)'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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Gandhar Oil Refinery (India) Retained Earnings Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Retained Earnings
2,167.93 3,901.83 5,794.49 7,159.71

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7,159.71 - -

Gandhar Oil Refinery (India) 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.


Gandhar Oil Refinery (India)  (BOM:544029) 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.


Gandhar Oil Refinery (India) Business Description

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Address
S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400 062
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The company has only one reportable segment, "petroleum products - specialty oils." The geographical segments include the Domestic Market and Overseas Markets.

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