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AGR fallout: Vodafone Idea posts Rs 50,921 cr loss in Q2

  •   Thu, Nov 14 2019 08:23:44 PM

New Delhi, Nov 14 (IANS): Vodafone Idea on Thursday posted a massive net loss of Rs 50,921 crore in the quarter ended September 30 on account of the Supreme Court judgement on the Adjusted Gross Revenue (AGR) matter.

Vodafone Idea said in a regulatory filing that the SC order on AGR has resulted in liabilities on accounts of licence fee and spectrum charges to tune of Rs 44,150 crore which has to be paid within three months.

 
  

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Title: AGR fallout: Vodafone Idea posts Rs 50,921 cr loss in Q2



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