The telecom firm had posted a pre-tax loss of Rs 6,758 crore in the same quarter last year.
The stock hit a recent high of Rs 12.62 in intra-day trade on June 8
Given the high possibility of operators shying away from participation, the DoT is yet to decide on including the premium 5G spectrum in the tender.
Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.
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In a report it said that after having paid Rs 6,900 crore of AGR dues, estimate is that Vodafone Idea would have Rs 6,000 crore of cash balance as of March 2020
In its affidavit, Bharti Airtel on Thursday told the court it had paid a substantial part of its AGR dues, seeking 20 years to pay the rest.
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Vodafone Idea (VIL) would be the worst-affected if the AGR outstanding cannot be staggered or waived, but Bharti Airtel would also be under pressure
Bharti companies are 'not fly-by-night operators', company tells court about amount it has been asked to pay government
The bench asked the telecom companies to file their financial statements before it and fixed the matter for hearing in third week of July
The Supreme Court has given the Department of Telecommunication (DoT) time until July third week to consider the proposals by telecom companies.
DoT seeks time from SC to respond to telcos replies on payment of AGR related dues by them
In this battle of ecoystems, Google desperately needs a telecom company for its plans for India
SGX Nifty is also down around 40 points, indicating a flat to lower opening for the Indian indices
Franklin Templeton MF, which had exposure to the debt papers of the company in six of its schemes (that are being wound up), also received payment.
Counsels of both the mobile operators had sought a fortnight for submission of the affidavit
The financially distressed Vodafone Idea has paid Rs 6,854 crore of its dues, of the Rs 58,254 crore-demand raised by the DoT. The company's own assessment, however, pegs the dues at Rs 21,533 crore
The SC has not dictated the telcos to pay the dues right away, which shows its flexibility on the matter
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