 "Bharti Airtel")
Bharti Airtel on Monday posted a consolidated loss before tax of Rs 7,010.5 crore for the quarter ended March 31 because of the payment of adjusted gross revenue (AGR) dues, as compared to a profit before tax of Rs 713.5 crore a year ago and a loss of Rs 1,502.8 crore sequentially.
During the quarter, the company took an exceptional charge of Rs 7,004 crore mainly on account of the re-assessment of interest on licence fee, and spectrum usage charges (including interest on AGR).
In FY20, the company reported a net loss of Rs 32,183.2 crore, which also accounted for
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