My query is: what is the difference between Net profit and Earnings? Out of earnings , dividend is distributed to shareholders and the rest is kept as reserves and surplus. Right? Please correct me if I am wrong.
Earnings is a the amount of cash you earned in terms of turnover, income from investments ,....
But, net profit is the amount that you have retained after your operating expences
Earnings and profits are generally used synonymously. In the context of earnings per share, earnings means profits left after deducting dividend payment to preference share holders.