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Agni Green Power (NSE:AGNI) Retained Earnings : ₹0.0 Mil (As of Sep. 2023)


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What is Agni Green Power Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Agni Green Power's retained earnings for the quarter that ended in Sep. 2023 was ₹0.0 Mil.

Agni Green Power's quarterly retained earnings increased from Sep. 2022 (₹0.0 Mil) to Mar. 2023 (₹81.1 Mil) but then declined from Mar. 2023 (₹81.1 Mil) to Sep. 2023 (₹0.0 Mil).

Agni Green Power's annual retained earnings declined from Mar. 2021 (₹164.4 Mil) to Mar. 2022 (₹95.2 Mil) and declined from Mar. 2022 (₹95.2 Mil) to Mar. 2023 (₹81.1 Mil).


Agni Green Power Retained Earnings Historical Data

The historical data trend for Agni Green Power'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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Agni Green Power Retained Earnings Chart

Agni Green Power Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
162.36 163.39 164.44 95.21 81.09

Agni Green Power Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial - 95.21 - 81.09 -

Agni Green Power 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.


Agni Green Power  (NSE:AGNI) 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.


Agni Green Power (NSE:AGNI) Business Description

Traded in Other Exchanges
N/A
Address
114, Rajdanga Gold Park, Piyali Apartment, 1st Floor, South Parganas, Kolkata, WB, IND, 700107
Agni Green Power Ltd is engaged in the business of executing turn-key solar PV power plant projects. It also involves of manufacture, sale and installation of solar photovoltaic power plants, solar lamps, solar power conditioning units and other solar products like charge controller, solar pump controller, solar adaptors, solar generators, junction boxes etc. The Company's product categories consist of Lighting Systems, Power Conditioning Units, Solar MPPT Chargers, Balance Of Systems (BOS), Solarizer (Solar Adaptor), Solar Pumps and Remote Monitoring System.

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