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Voltas (NSE:VOLTAS) Construction In Progress : ₹3,675 Mil (As of Mar. 2024)


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What is Voltas Construction In Progress?

Voltas's quarterly construction in progress declined from Sep. 2023 (₹1,504 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹3,675 Mil).

Voltas's annual construction in progress increased from Mar. 2022 (₹593 Mil) to Mar. 2023 (₹983 Mil) and increased from Mar. 2023 (₹983 Mil) to Mar. 2024 (₹3,675 Mil).

Voltas Construction In Progress Historical Data

The historical data trend for Voltas'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.

* Premium members only.

Voltas Construction In Progress Chart

Voltas Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 262.80 88.10 592.90 982.50 3,675.10

Voltas 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 982.50 - 1,503.80 - 3,675.10

Voltas 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.

Voltas (NSE:VOLTAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Voltas Ltd (NSE:VOLTAS) » Definitions » Construction In Progress
Comparable Companies
NSE:THERMAX NSE:AIAENG BOM:522074 BOM:500252 BOM:500103 BOM:543664 BOM:532667 BOM:533655 BOM:500249 BOM:522275 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
500575:India
Address
Dr. Babasaheb Ambedkar Road, Voltas House ‘A’, Chinchpokli, Mumbai, MH, IND, 400 033
Website
https://www.voltas.com
Voltas Ltd is one of India's largest air conditioning companies. It provides engineering solutions for heating, ventilation, and air conditioning, refrigeration, textile machinery, and heavy equipment. Voltas has three operating segments: Unitary Cooling Products for Comfort and Commercial use, Engineering Products and Services, and Electro-Mechanical Projects and Services. Remote monitoring and maintenance systems keep track of performance and strengthen relationships with customers. The majority of revenue comes from India, with the remainder split among the Middle East, Singapore, and other regions.

Voltas (NSE:VOLTAS) Headlines

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