Persistent Systems (NSE:PERSISTENT) Construction In Progress : ₹335 Mil (As of Mar. 2024)

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What is Persistent Systems Construction In Progress?

Persistent Systems's quarterly construction in progress declined from Sep. 2023 (₹416 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹335 Mil).

Persistent Systems's annual construction in progress declined from Mar. 2022 (₹1,176 Mil) to Mar. 2023 (₹791 Mil) and declined from Mar. 2023 (₹791 Mil) to Mar. 2024 (₹335 Mil).

Persistent Systems Construction In Progress Historical Data

The historical data trend for Persistent Systems'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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Persistent Systems Construction In Progress Chart

Persistent Systems Annual Data

Trend

Mar15

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Mar24

Construction In Progress

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166.18

121.81

1,176.15

790.53

335.26

Persistent Systems 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															790.53	861.65	415.68	-	335.26

Persistent Systems 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.

Persistent Systems (NSE:PERSISTENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Persistent Systems Ltd (NSE:PERSISTENT) » Definitions » Construction In Progress

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Traded in Other Exchanges

533179:India

Address

402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016

Website

https://www.persistent.com

Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market: Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm's revenue gets derived from the Software, Hi-Tech and Emerging Industries segment.

Persistent Systems (NSE:PERSISTENT) Headlines

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