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Persistent Systems (NSE:PERSISTENT) Construction In Progress : ₹42 Mil (As of Mar. 2025)


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What is Persistent Systems Construction In Progress?

Persistent Systems's quarterly construction in progress declined from Sep. 2024 (₹152 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹42 Mil).

Persistent Systems's annual construction in progress increased from Mar. 2023 (₹791 Mil) to Mar. 2024 (₹1,162 Mil) but then declined from Mar. 2024 (₹1,162 Mil) to Mar. 2025 (₹42 Mil).


Persistent Systems Construction In Progress Historical Data

The historical data trend for Persistent Systems'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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Persistent Systems Construction In Progress Chart

Persistent Systems Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.81 1,176.15 790.53 1,161.93 41.84

Persistent Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,161.93 - 151.89 - 41.84

Persistent Systems 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.


Persistent Systems Business Description

Traded in Other Exchanges
Address
402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016
Persistent Systems Ltd is an India-based provider of software solutions organized in three segments based on the end market: Software, Hi-Tech, and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare & Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. The majority of the firm's revenue gets derived from the Software, Hi-Tech, and Emerging Industries segments.

Persistent Systems Headlines

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