Hero MotoCorp (NSE:HEROMOTOCO) Construction In Progress : ₹1,272 Mil (As of Mar. 2024)

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What is Hero MotoCorp Construction In Progress?

Hero MotoCorp's quarterly construction in progress declined from Sep. 2023 (₹1,751 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,272 Mil).

Hero MotoCorp's annual construction in progress declined from Mar. 2022 (₹1,491 Mil) to Mar. 2023 (₹1,221 Mil) but then increased from Mar. 2023 (₹1,221 Mil) to Mar. 2024 (₹1,272 Mil).

Hero MotoCorp Construction In Progress Historical Data

The historical data trend for Hero MotoCorp's Construction In Progress 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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Hero MotoCorp Construction In Progress Chart

Hero MotoCorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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2,046.40

2,364.00

1,491.30

1,220.90

1,271.60

Hero MotoCorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															1,220.90	-	1,750.50	-	1,271.60

Hero MotoCorp Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Hero MotoCorp (NSE:HEROMOTOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hero MotoCorp Ltd (NSE:HEROMOTOCO) » Definitions » Construction In Progress

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Traded in Other Exchanges

500182:India

Address

Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070

Website

https://www.heromotocorp.com

Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

Hero MotoCorp (NSE:HEROMOTOCO) Headlines

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