VIL posted an in line adjusted EBITDA of INR14.1b (excluding INR1.5b one-offs on a pre-Ind AS 116 basis) v/s INR12.8b QoQ on the back of a 5% improvement in ARPU. The improvement was led by a pickup in economic activity and easing of lockdown-related restrictions, tariff improvement, and mix benefit, which offset the 2m subscriber decline. The moratorium offered by the government for AGR and deferred spectrum payment has addressed part of the repayment woes. VIL is in talks with banks to fund its upcoming repayments of: a) INR60b in NCDs...