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M V K Agro food product (NSE:MVKAGRO) Retained Earnings : ₹126.8 Mil (As of Sep. 2023)


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What is M V K Agro food product Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. M V K Agro food product's retained earnings for the quarter that ended in Sep. 2023 was ₹126.8 Mil.

M V K Agro food product's quarterly retained earnings increased from Mar. 2022 (₹46.0 Mil) to Mar. 2023 (₹83.8 Mil) and increased from Mar. 2023 (₹83.8 Mil) to Sep. 2023 (₹126.8 Mil).

M V K Agro food product's annual retained earnings increased from Mar. 2021 (₹14.0 Mil) to Mar. 2022 (₹46.0 Mil) and increased from Mar. 2022 (₹46.0 Mil) to Mar. 2023 (₹83.8 Mil).


M V K Agro food product Retained Earnings Historical Data

The historical data trend for M V K Agro food product'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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M V K Agro food product Retained Earnings Chart

M V K Agro food product Annual Data
Trend Mar21 Mar22 Mar23
Retained Earnings
14.04 46.02 83.77

M V K Agro food product Quarterly Data
Mar21 Mar22 Mar23 Sep23
Retained Earnings 14.04 46.02 83.77 126.77

M V K Agro food product 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.


M V K Agro food product  (NSE:MVKAGRO) 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.


M V K Agro food product (NSE:MVKAGRO) Business Description

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Address
GUT No. 44 and 46, Kusumnagar, At Post Waghalwada, Umari, Nanded, MH, IND, 431807
M V K Agro food product Ltd is a sugar and other allied products manufacturing company. It manufactures sugar and also sells by-products and waste products, namely, Molasses, Bagasse, and Pressmud, and is also engaged in the generation of Power for captive consumption. The company has two segments, namely Sugar and its by-products/waste products from which the sugar segment generates maximum revenue.

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