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NMDC Steel (BOM:543768) Construction In Progress : ₹12,149 Mil (As of Mar. 2024)


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What is NMDC Steel Construction In Progress?

NMDC Steel's quarterly construction in progress declined from Mar. 2023 (₹195,452 Mil) to Sep. 2023 (₹15,673 Mil) and declined from Sep. 2023 (₹15,673 Mil) to Mar. 2024 (₹12,149 Mil).

NMDC Steel's annual construction in progress increased from Mar. 2022 (₹170,382 Mil) to Mar. 2023 (₹195,452 Mil) but then declined from Mar. 2023 (₹195,452 Mil) to Mar. 2024 (₹12,149 Mil).


NMDC Steel Construction In Progress Historical Data

The historical data trend for NMDC Steel'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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NMDC Steel Construction In Progress Chart

NMDC Steel Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial - - 170,381.80 195,452.30 12,148.90

NMDC Steel Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only 170,381.80 - 195,452.30 15,673.30 12,148.90

NMDC Steel 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.


NMDC Steel (BOM:543768) Business Description

Traded in Other Exchanges
Address
Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank, Hyderabad, TG, IND, 500028
NMDC Steel Ltd owns and operates mechanized iron ore mines. The company is producing about 35 MTPA of iron ore from its major iron-producing units in Bailadila Sector in Chhattisgarh and Donimalai.

NMDC Steel (BOM:543768) Headlines

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