Pritika Engineering Components (NSE:PRITIKA) Construction In Progress : ₹93.0 Mil (As of Mar. 2023)

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What is Pritika Engineering Components Construction In Progress?

Pritika Engineering Components's quarterly construction in progress increased from Mar. 2022 (₹14.3 Mil) to Sep. 2022 (₹26.7 Mil) and increased from Sep. 2022 (₹26.7 Mil) to Mar. 2023 (₹93.0 Mil).

Pritika Engineering Components's annual construction in progress declined from Mar. 2021 (₹22.2 Mil) to Mar. 2022 (₹14.3 Mil) but then increased from Mar. 2022 (₹14.3 Mil) to Mar. 2023 (₹93.0 Mil).

Pritika Engineering Components Construction In Progress Historical Data

The historical data trend for Pritika Engineering Components'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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Pritika Engineering Components Construction In Progress Chart

Pritika Engineering Components Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Construction In Progress

99.94

22.16

14.25

93.04

Pritika Engineering Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Construction In Progress	99.94	22.16	14.25	26.75	93.04

Pritika Engineering Components 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.

Pritika Engineering Components (NSE:PRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pritika Engineering Components Ltd (NSE:PRITIKA) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055

Website

https://www.pritikaengineering.com

Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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