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Vibhor Steel Tubes (NSE:VSTL) Construction In Progress : ₹122 Mil (As of Mar. 2024)


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What is Vibhor Steel Tubes Construction In Progress?

Vibhor Steel Tubes's quarterly construction in progress increased from Mar. 2023 (₹71 Mil) to Sep. 2023 (₹118 Mil) and increased from Sep. 2023 (₹118 Mil) to Mar. 2024 (₹122 Mil).

Vibhor Steel Tubes's annual construction in progress increased from Mar. 2022 (₹14 Mil) to Mar. 2023 (₹71 Mil) and increased from Mar. 2023 (₹71 Mil) to Mar. 2024 (₹122 Mil).


Vibhor Steel Tubes Construction In Progress Historical Data

The historical data trend for Vibhor Steel 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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Vibhor Steel Tubes Construction In Progress Chart

Vibhor Steel Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Construction In Progress
3.58 14.19 71.33 121.98

Vibhor Steel Tubes Quarterly Data
Mar21 Mar22 Mar23 Sep23 Mar24
Construction In Progress 3.58 14.19 71.33 117.95 121.98

Vibhor Steel 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.


Vibhor Steel Tubes (NSE:VSTL) Business Description

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Vibhor Steel Tubes Ltd is a manufacturers and exporters of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes etc.

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