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Libas Consumer Products (NSE:LIBAS) Retained Earnings : ₹0.0 Mil (As of Sep. 2023)


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What is Libas Consumer Products Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Libas Consumer Products's retained earnings for the quarter that ended in Sep. 2023 was ₹0.0 Mil.

Libas Consumer Products's quarterly retained earnings declined from Mar. 2023 (₹196.1 Mil) to Jun. 2023 (₹0.0 Mil) but then stayed the same from Jun. 2023 (₹0.0 Mil) to Sep. 2023 (₹0.0 Mil).

Libas Consumer Products's annual retained earnings increased from Mar. 2021 (₹0.0 Mil) to Mar. 2022 (₹126.0 Mil) and increased from Mar. 2022 (₹126.0 Mil) to Mar. 2023 (₹196.1 Mil).


Libas Consumer Products Retained Earnings Historical Data

The historical data trend for Libas Consumer Products'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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Libas Consumer Products Retained Earnings Chart

Libas Consumer Products Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.75 - - 126.01 196.09

Libas Consumer Products Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only - - 196.09 - -

Libas Consumer Products 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.


Libas Consumer Products  (NSE:LIBAS) 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.


Libas Consumer Products (NSE:LIBAS) Business Description

Traded in Other Exchanges
N/A
Address
Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053
Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.

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