RNFI Services (NSE:RNFI) Retained Earnings : ₹0 Mil (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is RNFI Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. RNFI Services's retained earnings for the quarter that ended in Sep. 2024 was ₹0 Mil.

RNFI Services's quarterly retained earnings declined from Sep. 2023 (₹246 Mil) to Mar. 2024 (₹113 Mil) and declined from Mar. 2024 (₹113 Mil) to Sep. 2024 (₹0 Mil).

RNFI Services's annual retained earnings increased from Mar. 2022 (₹131 Mil) to Mar. 2023 (₹187 Mil) but then declined from Mar. 2023 (₹187 Mil) to Mar. 2024 (₹113 Mil).

RNFI Services Retained Earnings Historical Data

The historical data trend for RNFI Services'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.

RNFI Services Retained Earnings Chart

RNFI Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Retained Earnings

77.44

131.44

186.93

112.74

RNFI Services Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Retained Earnings	Get a 7-Day Free Trial			131.44	186.93	245.73	112.74	-

RNFI Services 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.

RNFI Services (NSE:RNFI) 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.

RNFI Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » RNFI Services Ltd (NSE:RNFI) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

DLF Industrial Area, Plot No. 42, UG-5, Relipay House, Kirti Nagar, West Delhi, New Delhi, IND, 110015

Website

https://www.rnfiservices.com

RNFI Services Ltd is a tech-enabled platform offering financial technology solutions in the B2B and B2B2C financial technology arena through an integrated business model via online portal and mobile application, focusing on providing banking, digital, and Government to Citizen (G2C) services on PAN India basis. It segregates its business into three segments namely; Business correspondent services; Non-business correspondent services; and others. Key revenue is generated from the Non-business correspondent services.

RNFI Services Headlines

No Headlines