Bihar Sponge Iron (BOM:500058) Construction In Progress : ₹0 Mil (As of Dec. 2024)

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What is Bihar Sponge Iron Construction In Progress?

Bihar Sponge Iron's quarterly construction in progress increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹31 Mil) but then declined from Sep. 2024 (₹31 Mil) to Dec. 2024 (₹0 Mil).

Bihar Sponge Iron's annual construction in progress increased from Mar. 2022 (₹1 Mil) to Mar. 2023 (₹17 Mil) and increased from Mar. 2023 (₹17 Mil) to Mar. 2024 (₹39 Mil).

Bihar Sponge Iron Construction In Progress Historical Data

The historical data trend for Bihar Sponge Iron'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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Bihar Sponge Iron Construction In Progress Chart

Bihar Sponge Iron Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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29.07

0.86

16.97

39.40

Bihar Sponge Iron Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															-	39.40	-	31.40	-

Bihar Sponge Iron 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.

Bihar Sponge Iron Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bihar Sponge Iron Ltd (BOM:500058) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Umesh Nagar, Chandil, District Saraikela, Kharsawan, JH, IND, 832401

Website

https://www.bsil.org.in

Bihar Sponge Iron Ltd is engaged in manufacturing and selling of sponge iron. It is involved in manufacturing, producing, purchasing, exporting, selling and dealing with the pre-reduced form of iron, including sponge iron. It produces sponge iron from coal and iron ore. The company's primary product, sponge iron, is a pre-reduced ferrous material, which is used in the place of steel scrap by secondary steel producers operating induction and electric arc furnaces in the construction and infrastructure sectors.

Bihar Sponge Iron Headlines

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