Pitti Engineering (NSE:PITTIENG) Construction In Progress : ₹606 Mil (As of Sep. 2024)

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What is Pitti Engineering Construction In Progress?

Pitti Engineering's quarterly construction in progress declined from Mar. 2024 (₹1,181 Mil) to Jun. 2024 (₹0 Mil) but then increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹606 Mil).

Pitti Engineering's annual construction in progress increased from Mar. 2022 (₹6 Mil) to Mar. 2023 (₹241 Mil) and increased from Mar. 2023 (₹241 Mil) to Mar. 2024 (₹1,181 Mil).

Pitti Engineering Construction In Progress Historical Data

The historical data trend for Pitti Engineering'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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Pitti Engineering Construction In Progress Chart

Pitti Engineering Annual Data

Trend

Mar15

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Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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82.59

11.35

6.12

240.57

1,180.78

Pitti Engineering Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															329.68	-	1,180.78	-	606.35

Pitti Engineering 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.

Pitti Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pitti Engineering Ltd (NSE:PITTIENG) » Definitions » Construction In Progress

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Traded in Other Exchanges

513519:India

Address

Padmaja Landmark, 6-3-648/401, 4th Floor, Somajiguda, Hyderabad, TG, IND, 500082

Website

https://www.pitti.in

Pitti Engineering Ltd is a company engaged in the manufacture of special-purpose laminations of all types of rotating electrical machinery. It is also into manufacturing electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, and press tools. The company's products have applications in industrial motors, alternators, hydroelectric and thermal power generators, wind power generators, DC machines, railway traction motors, pumps, medical diagnostic equipment, and aeronautic wing control motors. It sells its products both in domestic and international markets and generates maximum revenue from India.

Pitti Engineering Headlines

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