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Swastik Pipe (NSE:SWASTIK) Construction In Progress : ₹27 Mil (As of Mar. 2023)


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What is Swastik Pipe Construction In Progress?

Swastik Pipe's quarterly construction in progress increased from Mar. 2021 (₹0 Mil) to Mar. 2022 (₹16 Mil) and increased from Mar. 2022 (₹16 Mil) to Mar. 2023 (₹27 Mil).

Swastik Pipe's annual construction in progress increased from Mar. 2021 (₹0 Mil) to Mar. 2022 (₹16 Mil) and increased from Mar. 2022 (₹16 Mil) to Mar. 2023 (₹27 Mil).


Swastik Pipe Construction In Progress Historical Data

The historical data trend for Swastik Pipe'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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Swastik Pipe Construction In Progress Chart

Swastik Pipe Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Construction In Progress
- - 15.93 27.41

Swastik Pipe Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Construction In Progress - - 15.93 27.41

Swastik Pipe 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.


Swastik Pipe (NSE:SWASTIK) Business Description

Traded in Other Exchanges
N/A
Address
2, Arihant Nagar, Punjabi Bagh (West), New Delhi, IND, 110026
Swastik Pipe Ltd is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

Swastik Pipe (NSE:SWASTIK) Headlines

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