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IRM Energy (NSE:IRMENERGY) Construction In Progress : ₹868 Mil (As of Mar. 2024)


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What is IRM Energy Construction In Progress?

IRM Energy's quarterly construction in progress declined from Sep. 2023 (₹1,172 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹868 Mil).

IRM Energy's annual construction in progress increased from Mar. 2022 (₹523 Mil) to Mar. 2023 (₹911 Mil) but then declined from Mar. 2023 (₹911 Mil) to Mar. 2024 (₹868 Mil).

IRM Energy Construction In Progress Historical Data

The historical data trend for IRM Energy'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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IRM Energy Construction In Progress Chart

IRM Energy Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Construction In Progress
197.02 522.84 910.85 867.89

IRM Energy Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only 910.85 991.88 1,171.96 - 867.89

IRM Energy 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.

IRM Energy (NSE:IRMENERGY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » IRM Energy Ltd (NSE:IRMENERGY) » Definitions » Construction In Progress
Comparable Companies
BOM:539991 BOM:526873 XMAD:NTGY ASX:APA ATO MIL:SRG HKSE:00003 NI TSE:9531 BOM:532155 HKSE:02688 TSE:9532 BOM:542066 XKLS:6033 HKSE:01193 NFE HKSE:00384 UGI XMAD:ENG SWX
Traded in Other Exchanges
544004:India
Address
S.G. Highway, Corporate Park, Near Sola Bridge, 4th Floor, Block 8, Magnet, Thaltej, Ahmedabad, GJ, IND, 380054
Website
https://www.irmenergy.com
IRM Energy Ltd is a gas distribution company. It is involved in developing, operating, and expanding of local natural gas distribution network. IRM Energy is a value-driven energy enterprise serving industrial, commercial, domestic, and automobile customers.

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