Triveni Turbine (NSE:TRITURBINE) Construction In Progress : ₹14 Mil (As of Mar. 2024)

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What is Triveni Turbine Construction In Progress?

Triveni Turbine's quarterly construction in progress declined from Sep. 2023 (₹25 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹14 Mil).

Triveni Turbine's annual construction in progress increased from Mar. 2022 (₹33 Mil) to Mar. 2023 (₹54 Mil) but then declined from Mar. 2023 (₹54 Mil) to Mar. 2024 (₹14 Mil).

Triveni Turbine Construction In Progress Historical Data

The historical data trend for Triveni Turbine'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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Triveni Turbine Construction In Progress Chart

Triveni Turbine Annual Data

Trend

Mar15

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Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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63.72

32.52

54.28

13.60

Triveni Turbine Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															54.28	-	25.00	-	13.60

Triveni Turbine 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.

Triveni Turbine (NSE:TRITURBINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Triveni Turbine Ltd (NSE:TRITURBINE) » Definitions » Construction In Progress

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Traded in Other Exchanges

533655:India

Address

Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301

Website

https://www.triveniturbines.com

Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

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