India Globalization Capital Inc. R&D Expenses

R&D Expenses of IGC for past 10 years: annual, quarterly and twelve month trailing (TTM) including R&D Expenses growth rates and interactive chart. Research and development (R&D) expenses are associated with the research and development of a company's goods or services. A company generally incurs R&D expenses in the process of finding and creating new products or services. It is an operating expense and can be deducted from a company's income taxes.


Highlights and Quick Summary

  • R&D Expenses for the quarter ending September 30, 2022 was $768 Thousand (a -44.91% decrease compared to previous quarter)
  • Year-over-year quarterly R&D Expenses increased by 103.71%
  • Annual R&D Expenses for 2022 was $2.33 Million (a 150.81% increase from previous year)
  • Annual R&D Expenses for 2021 was $929 Thousand (a -8.11% decrease from previous year)
  • Annual R&D Expenses for 2020 was $1.01 Million (a -19.51% decrease from previous year)
  • Twelve month R&D Expenses ending September 30, 2022 was $3.77 Million (a 15.0% increase compared to previous quarter)
  • Twelve month trailing R&D Expenses increased by 163.59% year-over-year
Trailing R&D Expenses for the last four month:
30 Sep '22 30 Jun '22 31 Mar '22 31 Dec '21
$3.77 Million $3.28 Million $2.33 Million $1.43 Million
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Historical R&D Expenses of India Globalization Capital Inc.

Most recent R&D Expensesof IGC including historical data for past 10 years.

Interactive Chart of R&D Expenses of India Globalization Capital Inc.

India Globalization Capital Inc. R&D Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 $0.77 $1.39 $1.23 $2.33
2021 $0.38 $0.28 $0.44 $0.33 $0.93
2020 $0.15 $0.22 $0.22 $0.25 $1.01
2019 $0.3 $0.22 $0.25 $0.78 $1.26
2018 $0.17 $0.28 $0.04 $0.14
2017 $0.0

Business Profile of India Globalization Capital Inc.

Sector: Industrials
Industry: Conglomerates