Definition
Adjusted Gross Revenue – The revenue base India's Department of Telecommunications uses to calculate the annual license fee and spectrum usage charges owed by a mobile operator, defined far more broadly than a telecom's own reported revenue (historically including non-telecom income like interest and asset sales, a definition upheld by India's Supreme Court in October 2019). Operators that under-paid dues for years based on a narrower self-defined AGR faced a retroactive liability spanning back to the 1990s, running into hundreds of billions of rupees industry-wide, which is why an "AGR liability due to Government" line can sit alongside ordinary bank debt on a telecom's balance sheet as a real, court-confirmed obligation rather than a mere contingency. Found In: Notes to Financial Statements (borrowings/net debt disclosures), MD&A