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ICICI Lombard General Insurance Co (NSE:ICICIGI) Retained Earnings : ₹48,188 Mil (As of Mar. 2024)


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What is ICICI Lombard General Insurance Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ICICI Lombard General Insurance Co's retained earnings for the quarter that ended in Mar. 2024 was ₹48,188 Mil.

ICICI Lombard General Insurance Co's quarterly retained earnings stayed the same from Sep. 2023 (₹0 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹48,188 Mil).

ICICI Lombard General Insurance Co's annual retained earnings increased from Mar. 2022 (₹21,535 Mil) to Mar. 2023 (₹34,160 Mil) and increased from Mar. 2023 (₹34,160 Mil) to Mar. 2024 (₹48,188 Mil).


ICICI Lombard General Insurance Co Retained Earnings Historical Data

The historical data trend for ICICI Lombard General Insurance Co'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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ICICI Lombard General Insurance Co Retained Earnings Chart

ICICI Lombard General Insurance Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40,453.09 53,365.29 21,534.63 34,160.08 48,187.65

ICICI Lombard General Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,160.08 - - - 48,187.65

ICICI Lombard General Insurance Co 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.


ICICI Lombard General Insurance Co  (NSE:ICICIGI) 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.


ICICI Lombard General Insurance Co (NSE:ICICIGI) Business Description

Traded in Other Exchanges
Address
414, Veer Savarkar Marg, ICICI Lombard House, Near Siddhivinayak Temple, Prabhadevi, Mumbai, MH, IND, 400 025
ICICI Lombard General Insurance Co Ltd is a general insurance company. Its business activities include Fire; Engineering; Marine and Liability. The company products include Motor Insurance; Car Insurance; Two Wheeler Insurance; Health Insurance; Complete Health Insurance; Health Booster; Personal Accident Insurance; International Travel Insurance; Home Insurance; Marine Insurance; NRI Insurance Services; Business Insurance; Third Party Insurance; Crop Insurance and Rural Insurance. Geographically, it operates only in India.

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