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Telcos Q3 AGR up over 4% on strong customer additions, higher recharge volumes

Telcos Q3 AGR up over 4% on strong customer additions, higher recharge volumes SECTIONS Last Updated: Apr 28, 2021, 08:38 AM IST Share Synopsis This has resulted in the overall telecom industry AGR rising 4.19% on-quarter to Rs 47,623 crore in the quarter. Agencies Reliance Jio’s AGR, or revenue from licenced services, climbed 7.96% on-quarter to Rs 17,181.65 crore in the October-December period while Bharti Airtel’s grew 5.34% sequentially to Rs 11,340.19 crore. Related NSE Explore Now KOLKATA: The telecom sector recorded a near 4.2 per cent sequential growth in adjusted gross revenue (AGR) in the third quarter of FY21, helped by strong customer additions, higher mobile recharge volumes and data consumption growth after easing of lockdown curbs.

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