Vodafone Idea CEO confident of government support on AGR relief

Vodafone Idea (VIL) CEO Akshaya Moondra stated that the company is actively working with the government to find a solution to the ongoing Adjusted Gross Revenue (AGR) issue. During the post Q4 FY25 earnings call, he expressed confidence that the government is not restricted from offering relief to the telecom operator.

“I see no reason why the government should be constrained in any way to offer relief,” Moondra said, referring to a 2021 Supreme Court ruling that identified AGR reforms as a policy matter for the government to decide.