Sundaram Finance (NSE:SUNDARMFIN) Credit Losses Provision : ₹0 Mil (As of Mar. 2024)

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What is Sundaram Finance Credit Losses Provision?

Sundaram Finance's credit losses provision for the three months ended in Mar. 2024 was ₹0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0 Mil.

Sundaram Finance Credit Losses Provision Historical Data

The historical data trend for Sundaram Finance's Credit Losses Provision 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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Sundaram Finance Credit Losses Provision Chart

Sundaram Finance Annual Data

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Credit Losses Provision

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Sundaram Finance Quarterly Data
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Sundaram Finance Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Sundaram Finance (NSE:SUNDARMFIN) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sundaram Finance Ltd (NSE:SUNDARMFIN) » Definitions » Credit Losses Provision

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590071:India

Address

21, Patullos Road, Chennai, TN, IND, 600 002

Website

https://www.sundaramfinance.in

Sundaram Finance Ltd is a nonbanking finance company operating in India. The company provides various financial products and services, including commercial vehicle finance, car finance, farm equipment finance, construction equipment finance, and fleet cards. Through its subsidiaries, the company has a diversified presence in insurance, mutual funds, housing finance, business process outsourcing, information technology services, and retail distribution of a wide array of financial services and products. The company's main source of revenue includes mortgages and hire purchase loans.

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