GAIL (India) (LSE:GAIA) Construction In Progress : $2,846 Mil (As of Mar. 2024)

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What is GAIL (India) Construction In Progress?

GAIL (India)'s quarterly construction in progress declined from Sep. 2023 ($2,543 Mil) to Dec. 2023 ($0 Mil) but then increased from Dec. 2023 ($0 Mil) to Mar. 2024 ($2,846 Mil).

GAIL (India)'s annual construction in progress declined from Mar. 2022 ($2,063 Mil) to Mar. 2023 ($2,057 Mil) but then increased from Mar. 2023 ($2,057 Mil) to Mar. 2024 ($2,846 Mil).

GAIL (India) Construction In Progress Historical Data

The historical data trend for GAIL (India)'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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GAIL (India) Construction In Progress Chart

GAIL (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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1,606.52

1,873.02

2,063.09

2,056.90

2,845.87

GAIL (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	2,056.90	2,542.91	-	2,845.87

GAIL (India) 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.

GAIL (India) (LSE:GAIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » GAIL (India) Ltd (LSE:GAIA) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

GAILF:USA GAIL:India 532155:India GAIDl:UK GAID:UK GQI:Germany

Address

16, Bhikaiji Cama Place, Gail Bhawan, R.K. Puram, New Delhi, IND, 110066

Website

https://www.gailonline.com

GAIL (India) Ltd is an Indian natural gas processing and distribution company of which the Government of India owns a majority of shares. GAIL India's core business is the sale and transmission of both natural gas and a variety of LPGs, or liquefied petroleum gases. The company segments its operations into Natural Gas Transmission; LPG Transmission; Natural Gas Trading/Marketing; Petrochemicals; LPG and Other Liquid Hydrocarbon; City Gas and Other Segments which includes GAILTEL, E&P, Power Generation and City Gas Distribution. The vast majority of revenue is from its Natural Gas Trading/Marketing segment.