Osel Devices (NSE:OSELDEVICE) Retained Earnings : ₹138 Mil (As of Mar. 2024)

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What is Osel Devices Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Osel Devices's retained earnings for the quarter that ended in Mar. 2024 was ₹138 Mil.

Osel Devices's quarterly retained earnings increased from Mar. 2022 (₹58 Mil) to Mar. 2023 (₹104 Mil) and increased from Mar. 2023 (₹104 Mil) to Mar. 2024 (₹138 Mil).

Osel Devices's annual retained earnings increased from Mar. 2022 (₹58 Mil) to Mar. 2023 (₹104 Mil) and increased from Mar. 2023 (₹104 Mil) to Mar. 2024 (₹138 Mil).

Osel Devices Retained Earnings Historical Data

The historical data trend for Osel Devices'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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Osel Devices Retained Earnings Chart

Osel Devices Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Retained Earnings

36.46

57.69

104.29

138.04

Osel Devices Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Retained Earnings	36.46	57.69	104.29	138.04

Osel Devices 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.

Osel Devices (NSE:OSELDEVICE) 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.

Osel Devices Business Description

Industry

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Address

Plot No. 3, Sector Knowledge Park- III, Signature Tower First Floor, Sector 34, Gautam Buddha Nagar, Greater Noida, UP, IND, 201308

Website

Osel Devcies Ltd manufactures a comprehensive range of LED display systems and hearing aids. The company manufactures a comprehensive range of LED display systems including all major components for commercial use such as advertising media, billboards, corporate boardrooms, presentations, display promotions, command centers, and front signs. It also manufactures hearing aids, commonly known as health aids, to assist people with disabilities, the elderly, and the chronically ill who have low hearing levels. The company's main customer for hearing aids is the Artificial Limbs Manufacturing Corporation of India. Osel Devcies Generates the majority of revenue from Hearing Aids.

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