Telcos debt to rise, but Jio, Airtel unlikely to face strain due to strong balance sheet: Analysts
Vi and Airtel’s net debt stood at Rs 1.96 lakh crore and Rs 1.6 lakh crore respectively in the quarter ended March, FY22, while Jio’s net debt was at lower Rs 57,700 crore in the June quarter, FY23. Airtel and Vi are yet to report fiscal first quarter earnings.
