SRM Contractors (NSE:SRM) Retained Earnings : ₹0 Mil (As of Sep. 2024)

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What is SRM Contractors Retained Earnings?

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

SRM Contractors's quarterly retained earnings declined from Dec. 2023 (₹675 Mil) to Jun. 2024 (₹0 Mil) but then stayed the same from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹0 Mil).

SRM Contractors's annual retained earnings increased from Mar. 2021 (₹253 Mil) to Mar. 2022 (₹429 Mil) and increased from Mar. 2022 (₹429 Mil) to Mar. 2023 (₹464 Mil).

SRM Contractors Retained Earnings Historical Data

The historical data trend for SRM Contractors'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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SRM Contractors Retained Earnings Chart

SRM Contractors Annual Data

Trend

Mar21

Mar22

Mar23

Retained Earnings

253.20

428.88

464.12

SRM Contractors Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial			-	-	674.83	-	-

SRM Contractors 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.

SRM Contractors (NSE:SRM) 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.

SRM Contractors Business Description

Industry

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544158:India

Address

Sector 3, Near BJP Head Office, Trikuta Nagar, Jammu and Kashmir, Jammu, IND, 180012

Website

https://www.srmcpl.com

SRM Contractors Ltd is an engineering construction and development company. It is engaged in the construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh, undertaking construction works both as an EPC contractor and on an item rate basis for infrastructure projects. The company operates in three business segments: Road and Highway Construction projects, Trading, and Quarry Mining.