Gopal Snacks (BOM:544140) Retained Earnings : ₹3,298 Mil (As of Sep. 2023)

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What is Gopal Snacks Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gopal Snacks's retained earnings for the quarter that ended in Sep. 2023 was ₹3,298 Mil.

Gopal Snacks's quarterly retained earnings increased from Sep. 2022 (₹0 Mil) to Mar. 2023 (₹2,746 Mil) and increased from Mar. 2023 (₹2,746 Mil) to Sep. 2023 (₹3,298 Mil).

Gopal Snacks's annual retained earnings increased from Mar. 2021 (₹1,308 Mil) to Mar. 2022 (₹1,727 Mil) and increased from Mar. 2022 (₹1,727 Mil) to Mar. 2023 (₹2,746 Mil).

Gopal Snacks Retained Earnings Historical Data

The historical data trend for Gopal Snacks'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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Gopal Snacks Retained Earnings Chart

Gopal Snacks Annual Data

Trend

Mar21

Mar22

Mar23

Retained Earnings

1,307.90

1,727.13

2,746.03

Gopal Snacks Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	1,307.90	1,727.13	-	2,746.03	3,298.21

Gopal Snacks 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.

Gopal Snacks (BOM:544140) 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.

Gopal Snacks (BOM:544140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gopal Snacks Ltd (BOM:544140) » Definitions » Retained Earnings

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Traded in Other Exchanges

GOPAL:India

Address

Plot Nos. G2322, G2323 and G2324, GIDC Metoda, Taluka Lodhika, Rajkot, GJ, IND, 360021

Website

https://www.gopalnamkeen.com

Gopal Snacks Ltd is a fastmoving consumer goods company in India It offer a wide variety of savoury products under brand 'Gopal', including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, extruded snacks and snack pellets, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi.

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