Premier (NSE:PREMIER) Retained Earnings : ₹0.00 Mil (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Premier Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Premier's retained earnings for the quarter that ended in Sep. 2024 was ₹0.00 Mil.

Premier's quarterly retained earnings increased from Mar. 2024 (₹-5,924.42 Mil) to Jun. 2024 (₹0.00 Mil) but then stayed the same from Jun. 2024 (₹0.00 Mil) to Sep. 2024 (₹0.00 Mil).

Premier's annual retained earnings declined from Mar. 2022 (₹-5,683.82 Mil) to Mar. 2023 (₹-5,820.34 Mil) and declined from Mar. 2023 (₹-5,820.34 Mil) to Mar. 2024 (₹-5,924.42 Mil).

Premier Retained Earnings Historical Data

The historical data trend for Premier'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.

* Premium members only.

Premier Retained Earnings Chart

Premier Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

Get a 7-Day Free Trial

-4,630.02

-5,459.02

-5,683.82

-5,820.34

-5,924.42

Premier Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-	-	-5,924.42	-	-

Premier 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.

Premier (NSE:PREMIER) 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.

Premier Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Premier Ltd (NSE:PREMIER) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

500540:India

Address

58, Nariman Bhavan, 5th Floor, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.premier.co.in

Premier Ltd manufactures CNC Machines and heavy engineering products. The company manufactures and supplies wind turbine parts and metro bogie frames for metro rails. Its critical parts involve both structural, forging & casting parts. It operates in one segment namely Engineering consists of the Manufacture of CNC Machines and large mechanical components for the wind energy and infrastructure sectors and professional and engineering services related thereto. It earns revenue from the Manufacture and Sale of goods & rendering services.

Premier Headlines

No Headlines