Triveni Turbine (NSE:TRITURBINE) Retained Earnings : ₹0 Mil (As of Mar. 2024)

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What is Triveni Turbine Retained Earnings?

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

Triveni Turbine's annual retained earnings declined from Mar. 2022 (₹7,988 Mil) to Mar. 2023 (₹7,045 Mil) and declined from Mar. 2023 (₹7,045 Mil) to Mar. 2024 (₹0 Mil).

Triveni Turbine Retained Earnings Historical Data

The historical data trend for Triveni Turbine'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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Triveni Turbine Retained Earnings Chart

Triveni Turbine Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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4,964.09

5,999.80

7,987.62

7,044.67

Triveni Turbine Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															7,044.67	-	-	-	-

Triveni Turbine 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.

Triveni Turbine (NSE:TRITURBINE) 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.

Triveni Turbine (NSE:TRITURBINE) Business Description

Industry

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533655:India

Address

Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301

Website

https://www.triveniturbines.com

Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

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