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Le Travenues Technology (NSE:IXIGO) Retained Earnings : ₹0 Mil (As of Dec. 2024)


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What is Le Travenues Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Le Travenues Technology's retained earnings for the quarter that ended in Dec. 2024 was ₹0 Mil.

Le Travenues Technology's annual retained earnings declined from Mar. 2021 (₹-2,574 Mil) to Mar. 2022 (₹-3,215 Mil) but then increased from Mar. 2022 (₹-3,215 Mil) to Mar. 2023 (₹-3,064 Mil).


Le Travenues Technology Retained Earnings Historical Data

The historical data trend for Le Travenues Technology'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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Le Travenues Technology Retained Earnings Chart

Le Travenues Technology Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
-2,380.66 -2,640.47 -2,574.34 -3,214.57 -3,064.18

Le Travenues Technology Quarterly Data
Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -2,532.98 - - -

Le Travenues Technology 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.


Le Travenues Technology  (NSE:IXIGO) 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.


Le Travenues Technology Business Description

Traded in Other Exchanges
Address
Golf Course Road, Second Floor, Veritas Building, Sector - 53, Gurugram, HR, IND, 122002
Le Travenues Technology Ltd is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on the OTA platforms, comprising its websites and mobile applications. The company's reportable segments include Flight, Train, Bus, and Other services. Maximum revenue is generated from its Train ticketing services followed by the Flight and other segments. Geographically, it predominantly provides services to customers in India.

Le Travenues Technology Headlines

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