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Premier Energies (BOM:544238) Retained Earnings : ₹0 Mil (As of Sep. 2024)


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What is Premier Energies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Premier Energies's retained earnings for the quarter that ended in Sep. 2024 was ₹0 Mil.

Premier Energies's quarterly retained earnings increased from Mar. 2024 (₹3,849 Mil) to Jun. 2024 (₹5,831 Mil) but then declined from Jun. 2024 (₹5,831 Mil) to Sep. 2024 (₹0 Mil).

Premier Energies's annual retained earnings declined from Mar. 2022 (₹1,664 Mil) to Mar. 2023 (₹1,536 Mil) but then increased from Mar. 2023 (₹1,536 Mil) to Mar. 2024 (₹3,849 Mil).


Premier Energies Retained Earnings Historical Data

The historical data trend for Premier Energies'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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Premier Energies Retained Earnings Chart

Premier Energies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Retained Earnings
1,808.69 1,663.93 1,535.88 3,849.48

Premier Energies Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Retained Earnings Get a 7-Day Free Trial Premium Member Only - 2,809.90 3,849.48 5,831.08 -

Premier Energies 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.


Premier Energies  (BOM:544238) 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.


Premier Energies Business Description

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Sy. No. 83/1, Hyderabad Knowledge City, 8th Floor, Orbit Tower 1, TSIIC, Raidurgam, Hyderabad, TG, IND, 500081
Premier Energies Ltd is an integrated manufacturer of solar cells and solar modules. The company primarily engages in the manufacturing and trading of solar modules, solar cells, and solar accessories. The majority of the company's revenue comes from the sale of these products and silicon wafers. Additionally, the company earns revenue from the sale of manufactured solar modules and from construction and project-related activities. Geographically the company generates almost all of its revenue within India.

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