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CLC Industries (BOM:521082) Retained Earnings : ₹-7,584.69 Mil (As of Mar. 2023)


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What is CLC Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CLC Industries's retained earnings for the quarter that ended in Mar. 2023 was ₹-7,584.69 Mil.

CLC Industries's quarterly retained earnings increased from Mar. 2019 (₹-11,494.93 Mil) to Mar. 2022 (₹-7,475.24 Mil) but then declined from Mar. 2022 (₹-7,475.24 Mil) to Mar. 2023 (₹-7,584.69 Mil).

CLC Industries's annual retained earnings increased from Mar. 2019 (₹-11,494.93 Mil) to Mar. 2022 (₹-7,475.24 Mil) but then declined from Mar. 2022 (₹-7,475.24 Mil) to Mar. 2023 (₹-7,584.69 Mil).


CLC Industries Retained Earnings Historical Data

The historical data trend for CLC Industries'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.

* Premium members only.

CLC Industries Retained Earnings Chart

CLC Industries Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10,315.64 -11,300.25 -11,494.93 -7,475.24 -7,584.69

CLC Industries Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23
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 -10,315.64 -11,300.25 -11,494.93 -7,475.24 -7,584.69

CLC Industries 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.


CLC Industries  (BOM:521082) 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.


CLC Industries (BOM:521082) Business Description

Traded in Other Exchanges
Address
A-60, Okhla Industrial Area, Phase - II, New Delhi, IND, 110020
CLC Industries Ltd is a textile company based in India. It manufactures cotton yarn, synthetic yarn cotton, and blended yarn. The products of the company include hosiery yarn, weaving yarn, carpet yarn, sewing thread, flat knitting, and industrial yarn. The business segments of the company are Textile Manufacturing, Textile Trading, and Other Trading. The majority of the revenue is generated from the textile manufacturing segment of the company. The company operates in India and internationally and derives its key revenue from India.

CLC Industries (BOM:521082) Headlines

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