Siti Networks (NSE:SITINET) Construction In Progress : ₹612 Mil (As of Sep. 2023)

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What is Siti Networks Construction In Progress?

Siti Networks's quarterly construction in progress declined from Mar. 2023 (₹608 Mil) to Jun. 2023 (₹0 Mil) but then increased from Jun. 2023 (₹0 Mil) to Sep. 2023 (₹612 Mil).

Siti Networks's annual construction in progress increased from Mar. 2021 (₹548 Mil) to Mar. 2022 (₹861 Mil) but then declined from Mar. 2022 (₹861 Mil) to Mar. 2023 (₹608 Mil).

Siti Networks Construction In Progress Historical Data

The historical data trend for Siti Networks'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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Siti Networks Construction In Progress Chart

Siti Networks Annual Data

Trend

Mar14

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Mar18

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Mar20

Mar21

Mar22

Mar23

Construction In Progress

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948.01

580.13

547.84

860.74

607.57

Siti Networks Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Construction In Progress	Get a 7-Day Free Trial															749.80	-	607.57	-	611.78

Siti Networks 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.

Siti Networks (NSE:SITINET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Siti Networks Ltd (NSE:SITINET) » Definitions » Construction In Progress

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Traded in Other Exchanges

532795:India

Address

Film City - Plot No. 19 and 20, Sector -16A, Upper Ground Floor, Film City, Noida, UP, IND, 201 301

Website

https://www.sitinetworks.com

Siti Networks Ltd is an Indian-based multi-system cable operator. It is engaged in providing cable television network services, internet services, and allied services. Its products includes High-Speed Broadband, Digital Television, Broadband, Local Television Channels, and Electronic Programming. The company also provides a wide gamut of services ranging from OTT and High-speed gaming ready services to IoT Ready Network with security camera and surveillance services to even business solutions in the ILP & ILL domains. The company operates in a single business segment of cable distribution and earns revenue from the same.

Siti Networks (NSE:SITINET) Headlines

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