Venus Pipes & Tubes (NSE:VENUSPIPES) Construction In Progress : ₹0 Mil (As of Dec. 2024)

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What is Venus Pipes & Tubes Construction In Progress?

Venus Pipes & Tubes's quarterly construction in progress increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹146 Mil) but then declined from Sep. 2024 (₹146 Mil) to Dec. 2024 (₹0 Mil).

Venus Pipes & Tubes's annual construction in progress increased from Mar. 2022 (₹74 Mil) to Mar. 2023 (₹1,446 Mil) but then declined from Mar. 2023 (₹1,446 Mil) to Mar. 2024 (₹178 Mil).

Venus Pipes & Tubes Construction In Progress Historical Data

The historical data trend for Venus Pipes & Tubes'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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Venus Pipes & Tubes Construction In Progress Chart

Venus Pipes & Tubes Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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32.05

73.54

1,446.34

177.60

Venus Pipes & Tubes Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial													-	177.60	-	145.97	-

Venus Pipes & Tubes 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.

Venus Pipes & Tubes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Venus Pipes & Tubes Ltd (NSE:VENUSPIPES) » Definitions » Construction In Progress

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543528:India

Address

Sector 1/A, Plot no. 275, Tripada Complex, Near Mamlatdar Office, Gandhidham, GJ, IND, 370201

Website

https://www.venuspipes.com

Venus Pipes & Tubes Ltd is a manufacturer and exporter of stainless steel pipes and tubes. It manufactures stainless steel tube products in two broad categories namely seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision and heat exchanger tubes, stainless steel hydraulic and instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel lsaw pipes. The company distributes its products through direct supply, traders, stockists, and selected marketing representatives. Geographically, it derives a majority of its revenue from India and also engages in exporting its products to other countries.

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