IBL Finance (NSE:IBLFL) Construction In Progress : ₹0.0 Mil (As of Mar. 2024)

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What is IBL Finance Construction In Progress?

IBL Finance Construction In Progress Historical Data

The historical data trend for IBL Finance'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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IBL Finance Construction In Progress Chart

IBL Finance Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Construction In Progress

IBL Finance Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Construction In Progress	-	-	-	-

IBL Finance 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.

IBL Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IBL Finance Ltd (NSE:IBLFL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ring Road, 1001, World Trade Center, Nr. Udhna Darwaja, Surat, GJ, IND, 395002

Website

https://www.iblfinance.in

IBL Finance Ltd is a fintech-based financial services platform that leverages technology and data science to make lending quick and easy. It has a mobile application that provides instant personal loans which loan up to Rupees 50,000 with tenors of up to 12 months through an entirely digital mobile App-only process. The Company is engaged in one segment only i.e. Loan Segment. The company generates revenue from Interest Income on Loan Portfolio and Loan Processing Fees & Charges.

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