Hi Lavanya
Did they update on the situation?
Expected Credit Loss (Protean e-gov).docx (431.0 KB)
This should help^
In short: The ITD dept. still needs to pay protean and for that they’ve created provision
Why promoters are selling their holding despite announcement of 1:10 split?
What would be causing them a loss on credit? What does this mean? Sorry for a stupid question
Hi @visuarchie Sir,
how you are calculating NAV, I need to calculate for my PF.
Appreciate the effort. Thanks
Anurag Roonwal - Anlon Technolgy Solutions Ltd - 2nd March 2024
The Company is explained well in the video above
Thanks.
e8095005-794c-4f1b-a8c2-81d201cee42c.pdf (1.5 MB)
So I have compiled these figures from previous yrs balance sheet. Basically it is an account for expected credit loss/allowance for doubtful debts. So the net re-measurement of loss allowance is the provision/allowance for doubtful debts expense the co. reports in PnL. So if you go ahead and check the PnL this figure matches:
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