Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.Compare Sterlite to competition
Based on latest financial disclosure Sterlite Industries Ltd has Retained Earnings of 5.54 B. This is much higher than that of sector, and significantly higher than that of Retained Earnings industry, The Retained Earnings for all stocks is over 1000% lower than the firm.
Filter other Stocks by Retained Earnings
Sterlite is currently under evaluation in retained earnings category among related companies.
Follow Sterlite Retained Earnings with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other Sterlite Fundamentals