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MRF (BOM:500290) Construction In Progress : ₹23,845 Mil (As of Mar. 2024)


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What is MRF Construction In Progress?

MRF's quarterly construction in progress declined from Sep. 2023 (₹31,734 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹23,845 Mil).

MRF's annual construction in progress increased from Mar. 2022 (₹12,331 Mil) to Mar. 2023 (₹30,459 Mil) but then declined from Mar. 2023 (₹30,459 Mil) to Mar. 2024 (₹23,845 Mil).

MRF Construction In Progress Historical Data

The historical data trend for MRF'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.

* Premium members only.

MRF Construction In Progress Chart

MRF Annual Data
Trend Sep13 Sep14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,409.40 10,022.30 12,330.70 30,458.60 23,845.30

MRF 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30,458.60 - 31,733.80 - 23,845.30

MRF 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.

MRF (BOM:500290) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MRF Ltd (BOM:500290) » Definitions » Construction In Progress
Comparable Companies
NSE:SCHAEFFLER BOM:500493 NSE:BALKRISIND BOM:500530 BOM:532539 BOM:543300 NSE:ZFCVINDIA NSE:MOTHERSON NSE:SUNDRMFAST BOM:543498 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
MRF:India
Address
No. 114, Greams Road, Chennai, TN, IND, 600 006
Website
https://www.mrftyres.com
MRF Ltd makes and sells rubber products, including tires, tubes, tread rubber, conveyor belts, and building and floor coatings. The firm's tires are used for automobiles, commercial trucks, and farm equipment. The company sells tires under the MRF brand name. MRF also operates multiple retail stores that sell tires and offer services. Stores under the MRF TireRok brand offer wheel alignment and air conditioning repair. MRF Musclezone stores offer tire servicing for commercial vehicles. MRF Tyredom stores offer a wheel alignment and car washes. The majority of revenue comes from India.

MRF (BOM:500290) Headlines

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