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Net Avenue Technologies (NSE:CBAZAAR) Retained Earnings : ₹-448.2 Mil (As of Mar. 2024)


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What is Net Avenue Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Net Avenue Technologies's retained earnings for the quarter that ended in Mar. 2024 was ₹-448.2 Mil.

Net Avenue Technologies's quarterly retained earnings increased from Mar. 2022 (₹-448.1 Mil) to Mar. 2023 (₹-432.4 Mil) but then declined from Mar. 2023 (₹-432.4 Mil) to Mar. 2024 (₹-448.2 Mil).

Net Avenue Technologies's annual retained earnings increased from Mar. 2022 (₹-448.1 Mil) to Mar. 2023 (₹-432.4 Mil) but then declined from Mar. 2023 (₹-432.4 Mil) to Mar. 2024 (₹-448.2 Mil).


Net Avenue Technologies Retained Earnings Historical Data

The historical data trend for Net Avenue Technologies'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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Net Avenue Technologies Retained Earnings Chart

Net Avenue Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Retained Earnings
-474.26 -448.11 -432.44 -448.25

Net Avenue Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Retained Earnings -474.26 -448.11 -432.44 -448.25

Net Avenue Technologies 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.


Net Avenue Technologies  (NSE:CBAZAAR) 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.


Net Avenue Technologies Business Description

Traded in Other Exchanges
N/A
Address
Floor Prithvi Avenue, New No. 16, Old No. 13, 1st, Alwarpet, Chennai, TN, IND, 600018
Net Avenue Technologies Ltd is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. Its core business sells Indian Ethnic wear and accessories, catering to the South Asian Diaspora and its product range includes Indian ethnic wear and accessories for women, men, teens, and kids. The company distributes its products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.

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