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Mindspace Business Parks REIT (BOM:543217) Retained Earnings : ₹-18,423 Mil (As of Sep. 2023)


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What is Mindspace Business Parks REIT Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mindspace Business Parks REIT's retained earnings for the quarter that ended in Sep. 2023 was ₹-18,423 Mil.

Mindspace Business Parks REIT's quarterly retained earnings declined from Mar. 2023 (₹-15,546 Mil) to Jun. 2023 (₹-16,989 Mil) and declined from Jun. 2023 (₹-16,989 Mil) to Sep. 2023 (₹-18,423 Mil).

Mindspace Business Parks REIT's annual retained earnings declined from Mar. 2022 (₹-6,743 Mil) to Mar. 2023 (₹-15,546 Mil) and declined from Mar. 2023 (₹-15,546 Mil) to Mar. 2024 (₹-21,550 Mil).


Mindspace Business Parks REIT Retained Earnings Historical Data

The historical data trend for Mindspace Business Parks REIT'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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Mindspace Business Parks REIT Retained Earnings Chart

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial -49.00 - -6,743.00 -15,546.00 -21,550.00

Mindspace Business Parks REIT Quarterly Data
Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -15,546.00 -16,989.00 -18,423.00 -21,550.00

Mindspace Business Parks REIT 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.


Mindspace Business Parks REIT  (BOM:543217) 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.


Mindspace Business Parks REIT (BOM:543217) Business Description

Traded in Other Exchanges
Address
Plot No. C-30, Raheja Tower, Level 8, Block G, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune and Chennai in India. The company's portfolio has five integrated business parks with superior infrastructure and amenities (such as restaurants, creches and outdoor sports arenas) and five quality independent offices.

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