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Diggi Multitrade (BOM:540811) Retained Earnings : ₹0.00 Mil (As of Mar. 2024)


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What is Diggi Multitrade Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Diggi Multitrade's retained earnings for the quarter that ended in Mar. 2024 was ₹0.00 Mil.

Diggi Multitrade's quarterly retained earnings declined from Mar. 2023 (₹1.37 Mil) to Sep. 2023 (₹0.00 Mil) but then stayed the same from Sep. 2023 (₹0.00 Mil) to Mar. 2024 (₹0.00 Mil).

Diggi Multitrade's annual retained earnings declined from Mar. 2022 (₹2.22 Mil) to Mar. 2023 (₹1.37 Mil) and declined from Mar. 2023 (₹1.37 Mil) to Mar. 2024 (₹0.00 Mil).


Diggi Multitrade Retained Earnings Historical Data

The historical data trend for Diggi Multitrade'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.

Diggi Multitrade Retained Earnings Chart

Diggi Multitrade Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.80 2.22 1.37 -

Diggi Multitrade Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 Premium Member Only 2.22 - 1.37 - -

Diggi Multitrade 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.


Diggi Multitrade  (BOM:540811) 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.


Diggi Multitrade (BOM:540811) Business Description

Traded in Other Exchanges
N/A
Address
Opposite Infiniti Mall, Link Road, D-106, Crystal Plaza, Andheri (West), Mumbai, MH, IND, 400053
Diggi Multitrade Ltd is engaged in the trading of real estate by way of acquiring interests in various real estate projects such as flats and land where the company purchases the flat from the builders and sells to a third party at a price higher than the price originally paid by the company. The company is also involved in trading construction materials.

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