IIFL Finance (BOM:532636) Retained Earnings : ₹0 Mil (As of Dec. 2023)

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What is IIFL Finance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. IIFL Finance's retained earnings for the quarter that ended in Dec. 2023 was ₹0 Mil.

IIFL Finance's annual retained earnings increased from Mar. 2021 (₹15,899 Mil) to Mar. 2022 (₹23,327 Mil) and increased from Mar. 2022 (₹23,327 Mil) to Mar. 2023 (₹30,277 Mil).

IIFL Finance Retained Earnings Historical Data

The historical data trend for IIFL Finance'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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IIFL Finance Retained Earnings Chart

IIFL Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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8,405.73

11,055.30

15,899.31

23,327.10

30,277.00

IIFL Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-	30,277.00	-	-	-

IIFL Finance 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.

IIFL Finance (BOM:532636) 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.

IIFL Finance (BOM:532636) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IIFL Finance Ltd (BOM:532636) » Definitions » Retained Earnings

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IIFL:India

Address

N.S. Phadke Marg, 802, 8 th Floor, Hub Town Solaris, Vijay Nagar, Andheri East, Mumbai, MH, IND, 400069

Website

https://www.iifl.com

IIFL Finance Ltd and its subsidiaries provide financial services in India. The company is based in India and generates all revenue domestically. It operates under two primary business units: core products and synergistic products. Core products account for the firm's offerings of home loans, gold loans, business loans, and microfinance solutions. Synergistic products involve the company's operations in capital markets, construction, and real estate. Home loans and business loans together make up the operating component of its product offerings.

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