RITES (BOM:541556) Construction In Progress : ₹1,737 Mil (As of Mar. 2024)

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What is RITES Construction In Progress?

RITES's quarterly construction in progress declined from Sep. 2023 (₹1,304 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,737 Mil).

RITES's annual construction in progress increased from Mar. 2022 (₹581 Mil) to Mar. 2023 (₹1,005 Mil) and increased from Mar. 2023 (₹1,005 Mil) to Mar. 2024 (₹1,737 Mil).

RITES Construction In Progress Historical Data

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

RITES Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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44.50

154.90

581.10

1,005.40

1,737.20

RITES Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	1,005.40	1,303.50	-	1,737.20

RITES 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.

RITES (BOM:541556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » RITES Ltd (BOM:541556) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

RITES:India

Address

Plot No. 1, Shikhar, Sector - 29, Gurugram, HR, IND, 122001

Website

https://www.rites.com

RITES Ltd is a multi-disciplinary consultancy organization. The company's operating segment includes Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment and spares, Turnkey Construction Projects, and Power Generation. The firm generates a majority of its revenue from Consultancy services. The firm operates in various sectors such as airports, highways, bridge and tunnel engineering, and industrial engineering among others. Geographically, it derives a majority of revenue from India.

RITES (BOM:541556) Headlines

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