Welspun (NSE:WELCORP) Construction In Progress : ₹4,166 Mil (As of Sep. 2024)

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What is Welspun Construction In Progress?

Welspun's quarterly construction in progress declined from Mar. 2024 (₹1,597 Mil) to Jun. 2024 (₹0 Mil) but then increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹4,166 Mil).

Welspun's annual construction in progress declined from Mar. 2022 (₹13,443 Mil) to Mar. 2023 (₹1,051 Mil) but then increased from Mar. 2023 (₹1,051 Mil) to Mar. 2024 (₹1,597 Mil).

Welspun Construction In Progress Historical Data

The historical data trend for Welspun'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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Welspun Construction In Progress Chart

Welspun Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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988.04

2,090.11

13,442.50

1,051.10

1,597.20

Welspun Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															1,043.30	-	1,597.20	-	4,166.30

Welspun 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.

Welspun Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Welspun Corp Ltd (NSE:WELCORP) » Definitions » Construction In Progress

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532144:India

Address

Senapati Bapat Marg, Kamala Mills Compound, Welspun House, 5th Floor, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.welspuncorp.com

Welspun Corp Ltd is an Indian company engaged in the Production and Coating of High-Grade Submerged Welded Pipes, Hot Rolled Steel Plates and Coils. The company's products include Helically welded pipes, longitudinally welded pipes, High-frequency electric welded pipes, Plates and Coils, Coating Systems, and other services including Pipe bending, Double jointing, Stack pile, and Inventory management. The Group's operations relate to the manufacturing of steel products and plastic products, and segments consist of Steel Products, which derives maximum revenue and others (including plastic products).

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