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Gconnect Logitech and Supply Chain (BOM:544156) Retained Earnings : ₹0.00 Mil (As of Sep. 2024)


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What is Gconnect Logitech and Supply Chain Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gconnect Logitech and Supply Chain's retained earnings for the quarter that ended in Sep. 2024 was ₹0.00 Mil.

Gconnect Logitech and Supply Chain's quarterly retained earnings increased from Mar. 2023 (₹1.09 Mil) to Sep. 2023 (₹3.37 Mil) but then declined from Sep. 2023 (₹3.37 Mil) to Sep. 2024 (₹0.00 Mil).

Gconnect Logitech and Supply Chain's annual retained earnings increased from Mar. 2021 (₹6.30 Mil) to Mar. 2022 (₹7.14 Mil) but then declined from Mar. 2022 (₹7.14 Mil) to Mar. 2023 (₹1.09 Mil).


Gconnect Logitech and Supply Chain Retained Earnings Historical Data

The historical data trend for Gconnect Logitech and Supply Chain'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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Gconnect Logitech and Supply Chain Retained Earnings Chart

Gconnect Logitech and Supply Chain Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Retained Earnings
5.93 6.30 7.14 1.09

Gconnect Logitech and Supply Chain Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Sep24
Retained Earnings Get a 7-Day Free Trial 6.30 7.14 1.09 3.37 -

Gconnect Logitech and Supply Chain 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.


Gconnect Logitech and Supply Chain  (BOM:544156) 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.


Gconnect Logitech and Supply Chain Business Description

Traded in Other Exchanges
N/A
Address
Shop No. 6, Sadguru Complex, Nari Chowkadina, Bhavnagar, GJ, IND, 364001
Gconnect Logitech and Supply Chain Ltd is engaged in the business of providing surface logistics services viz. goods transport services. Its services include bulk load, Full Truck Load (FTL) service, and dedicated load. Under bulk load, it offers bulk transportation service to large-sized companies through their transport contractors, Full Truck Load (FTL) service to retailers and traders, and dedicated load service, which includes multiple pick-ups and drops.

Gconnect Logitech and Supply Chain Headlines

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