Sammaan Capital (Indiabulls Housing) - A compounder from here?

When I am looking into the Q1 FY22 investor presentation, GNPA reported as 2.86% of the loan book and total provisions mentioned as 5.5%, but NNPA is 1.55%. So far, I thought NNPA = GNPA - Provisions, But here that’s not how NNPA looks. I see this similar difference in some other firms also. How this calculation works?

1 Like