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Wise Travel India (NSE:WTICAB) Retained Earnings : ₹465 Mil (As of Mar. 2024)


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What is Wise Travel India Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wise Travel India's retained earnings for the quarter that ended in Mar. 2024 was ₹465 Mil.

Wise Travel India's quarterly retained earnings declined from Mar. 2023 (₹356 Mil) to Sep. 2023 (₹327 Mil) but then increased from Sep. 2023 (₹327 Mil) to Mar. 2024 (₹465 Mil).

Wise Travel India's annual retained earnings increased from Mar. 2022 (₹253 Mil) to Mar. 2023 (₹356 Mil) and increased from Mar. 2023 (₹356 Mil) to Mar. 2024 (₹465 Mil).


Wise Travel India Retained Earnings Historical Data

The historical data trend for Wise Travel India'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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Wise Travel India Retained Earnings Chart

Wise Travel India Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Retained Earnings
215.61 253.14 355.67 464.50

Wise Travel India Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Retained Earnings 215.61 253.14 355.67 327.35 464.50

Wise Travel India 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.


Wise Travel India  (NSE:WTICAB) 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.


Wise Travel India Business Description

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Address
D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka, GJ, IND, 110075
Wise Travel India Ltd is a transportation service provider company. It offers services like Car Rental Services, Employee Transportation Services, End-to-End Employee Transport Solutions (MSP), Flexible Fixed/Monthly Rental Plans, Convenient Airport Counters, Fleet Management Services, Mobility Services for MICE, Cutting-Edge Mobility Tech Solutions, Sustainable Mobility, etc.

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