Bharti Airtel’s Q3 results: Loss nearly double than expected

One of India’s largest telecom operator Bharti Airtel has announced its Q3 earnings and the company has posted a net loss at almost double than what was expected in this quarter. Bharti Airtel was expected to report losses to the tune of Rs 600 crore in the December quarter due to AGR dues but the company posted losses at Rs 1,080 crore. In the previous quarter, the Sunil Bharti Mittal-led company had posted a net loss of Rs 23,045 crore. Airtel was directed to pay over Rs 35,000 crore to Department of Telecommunications (DoT) for Adjusted Gross Revenue (AGR) dues.