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AGR hit: Vodafone Idea posts India’s biggest loss of Rs 50,921 crore

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Telecom firm Vodafone Idea on Thursday reported a record loss of Rs 50,921 crore for the September quarter, as it made a provision for the Supreme Court’s ruling on payment of average gross revenue (AGR) dues, even as ongoing brutal pricing war continued to hurt. The company had posted a loss of Rs 4,947 crore in the year ago period.

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