Vardhman Textiles (BOM:502986) Construction In Progress : ₹608 Mil (As of Mar. 2024)

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What is Vardhman Textiles Construction In Progress?

Vardhman Textiles's quarterly construction in progress declined from Sep. 2023 (₹372 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹608 Mil).

Vardhman Textiles's annual construction in progress declined from Mar. 2022 (₹2,412 Mil) to Mar. 2023 (₹510 Mil) but then increased from Mar. 2023 (₹510 Mil) to Mar. 2024 (₹608 Mil).

Vardhman Textiles Construction In Progress Historical Data

The historical data trend for Vardhman Textiles'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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Vardhman Textiles Construction In Progress Chart

Vardhman Textiles Annual Data

Trend

Mar15

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Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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1,416.40

779.60

2,412.10

510.20

607.90

Vardhman Textiles 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															510.20	-	372.40	-	607.90

Vardhman Textiles 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.

Vardhman Textiles (BOM:502986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vardhman Textiles Ltd (BOM:502986) » Definitions » Construction In Progress

Traded in Other Exchanges

VTL:India

Address

Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010

Website

https://www.vardhman.com

Vardhman Textiles Ltd is a manufacturer and seller of textiles and acrylic fiber. The company is based in India and generates about a quarter of revenue internationally. The company's largest revenue segment is textiles, which offers greige and dyed yarns in a number of fabrics such as cotton, polyester, acrylic, organic cotton, melange, cellulose, and synthetics. Vardhman Textiles provides fabrics for the apparel industry and home textiles and manufactures shirts for retail brands. In addition, the company offers hot-rolled bars for use in industries such as automotive, engineering, and allied industries.

Vardhman Textiles (BOM:502986) Headlines

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