Airtel posts Rs 23,045 crore Q2 loss on AGR provisioning

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Bharti Airtel has reported a consolidated net loss of Rs 23,044.9 crore in Q2 of 2019-20, against a loss of Rs 2,866 crore in the previous quarter, on provisions towards Adjusted Gross Revenue (AGR). On AGR, it said the liabilities/provisions as at September 30, 2019 aggregate Rs 34,260 crore (comprising of principal of Rs 8,747 crore, interest of Rs 15,446 crore, penalty of Rs 3,760 crore and interest on penalty of Rs 6,307 crore), it said in a regulatory filing. The net loss (before exceptional items) was at Rs 1,123 crore.

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    Bharti Airtel has reported a consolidated net loss of Rs 23,044.9 crore in Q2 of 2019-20, against a loss of Rs 2,866 crore in the previous quarter, on provisions towards Adjusted Gross Revenue (AGR). On AGR, it said the liabilities/provisions as at September 30, 2019 aggregate Rs 34,260 crore (comprising of principal of Rs 8,747 crore, interest of Rs 15,446 crore, penalty of Rs 3,760 crore and interest on penalty of Rs 6,307 crore), it said in a regulatory filing. The net loss (before exceptional items) was at Rs 1,123 crore.

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    Sports video | 1340 views

  • Watch IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker Video
    IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker

    IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker

    Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.

    Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.

    Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 Final. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.

    IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker

    Sports video | 988 views

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