Vodafone Idea Q1 net loss widens to ​Rs 7312.9 crore; ARPU falls to Rs104 Vi said that the total debt of the Group stands at Rs 191,588.8 crore of which the next instalment of the AGR liability - of around Rs9,000 crore - and debt amounting to Rs 16,853.4 crore is payable in next 12 months. Its quarterly revenue fell 4.73% sequentially to Rs 9,152.3 crore and average revenue per user (ARPU)—a key performance metric—fell to Rs 104 from Rs 107. His resignation had come less than two months after he wrote to the government that he was willing to give up his group’s 27.66% stake in Vi to any government entity, which can ensure the telco's survival. The carrier has been trying to raise Rs 25,000 crore through a mix of debt and equity for the past 11 months, but hasn't been able to close a deal yet.The telecom department has sought Rs 58,254 crore from Vi towards AGR dues, of which the telco has paid only Rs 7,854 crore. The telco’s AGR liabilities, including interest, are now at around Rs 62,180 crore, according to the department’s calculations.Vi’s net debt for the quarter ended June stood at Rs 1,90,670 crore, of which the next instalment of the AGR liability—of around Rs 9,000 crore—and debt amounting to Rs 16,853.4 crore is payable in the next 12 months.

Source: Economic Times August 16, 2021 02:42 UTC