Can someone please help me which this issue? https://stackoverflow.com/questions/69785477/compose-textfield-shows-wierd-behavior

Consider if this issue is relevant: https://issuetracker.google.com/u/3/issues/200577798 Or if this related discussion is: https://kotlinlang.slack.com/archives/CJLTWPH7S/p1632167224181600

Thanks Rick, I guess I got my answer now.

You don't show the code for getFormattedAmount(), but I think the fix is to remove anything at the 6th digit and beyond, not just the 6th (last) digit.

Yeah, I had to rewrite the getFormattedAmount function to not depend upon previous input and format the given string independently. Seems to work now, will update the answer on SO shortly.