Service Care (NSE:SERVICE) Retained Earnings : ₹63 Mil (As of Mar. 2022)

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What is Service Care Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Service Care's retained earnings for the quarter that ended in Mar. 2022 was ₹63 Mil.

Service Care's quarterly retained earnings increased from Mar. 2020 (₹43 Mil) to Mar. 2021 (₹46 Mil) and increased from Mar. 2021 (₹46 Mil) to Mar. 2022 (₹63 Mil).

Service Care's annual retained earnings increased from Mar. 2020 (₹43 Mil) to Mar. 2021 (₹46 Mil) and increased from Mar. 2021 (₹46 Mil) to Mar. 2022 (₹63 Mil).

Service Care Retained Earnings Historical Data

The historical data trend for Service Care'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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Service Care Retained Earnings Chart

Service Care Annual Data

Trend

Mar20

Mar21

Mar22

Retained Earnings

43.34

45.68

63.13

Service Care Semi-Annual Data
	Mar20	Mar21	Mar22
Retained Earnings	43.34	45.68	63.13

Service Care 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.

Service Care (NSE:SERVICE) 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.

Service Care (NSE:SERVICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Service Care Ltd (NSE:SERVICE) » Definitions » Retained Earnings

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Address

2nd Main Road, No. 653, 1st Floor, Domlur Layout, Bangalore, KA, IND, 560071

Website

https://www.servicecare.in

Service Care Ltd is engaged in providing services such as Workspace Administration Services and Workforce Administration Services across all business domains. Workspace Administration services cover all the Integrated Facility Management and Business Services, on the other hand, Workforce Administration services covers all kind of staffing solutions, outsourced recruitment processes, and payroll management. Its operations are in the business of housekeeping facility management service and payroll service.

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