Under the current schedule, Vi needs to pay more than ₹18,000 crore next March as the first instalment after the end of a moratorium on AGR payments the government had given to telcos in 2021. This was not interest-free, resulting in the arrears increasing every year.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO