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Hitech (NSE:HITECHCORP) Construction In Progress : ₹148 Mil (As of Mar. 2024)


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What is Hitech Construction In Progress?

Hitech's quarterly construction in progress declined from Sep. 2023 (₹107 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹148 Mil).

Hitech's annual construction in progress increased from Mar. 2022 (₹32 Mil) to Mar. 2023 (₹103 Mil) and increased from Mar. 2023 (₹103 Mil) to Mar. 2024 (₹148 Mil).

Hitech Construction In Progress Historical Data

The historical data trend for Hitech'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.

Hitech Construction In Progress Chart

Hitech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.92 86.67 32.09 103.15 147.86

Hitech 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 103.15 - 107.27 - 147.86

Hitech 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.

Hitech (NSE:HITECHCORP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Hitech Corp Ltd (NSE:HITECHCORP) » Definitions » Construction In Progress
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Traded in Other Exchanges
526217:India
Address
Senapati Bapat Marg, Unit No. 201, 2nd Floor, Welspun House, Kamala City, Lower Parel (West), Mumbai, MH, IND, 400 013
Website
https://www.hitechgroup.com
Hitech Corp Ltd is an India-based company engaged in the manufacturing of packaging products of plastics. It has several manufacturing facilities in India and caters to various industries. The company's product includes paint and coating, personal care, food and beverages, healthcare, construction chemicals and adhesives, agrochemical, and lubricant.

Hitech (NSE:HITECHCORP) Headlines

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