The AGR Full Form in the Share Market is Adjusted Gross Revenue. It is a vital financial metric used to determine the amount of revenue that a business earns after modifications are applied. It is a popular indicator in specific industries like gaming, telecommunications, etc and can be used to calculate the tax-deductible earnings of the business.
Applications of AGR:
In the world of telecommunications regulators such as TRAI determine their licensing fees and spectrum fees in relation to the annual growth rate of telecom providers. In the gaming business, AGR represents the gross revenues generated by gaming less the payments made to players. This is the number used to calculate taxes and fees for regulatory purposes. The AGR figure is also utilized in other fields that require the separation of particular revenue components to meet tax and other purposes.
Importance of AGR:
The AGR is one of the most important metrics which is used to calculate the amount of tax and fees imposed by the regulatory authorities that a company is liable for. It makes sure that companies are not liable for any fees and taxed in accordance with the fair estimation of earnings. It also gives an accurate view on the health of finances of the business. AGR assists authorities in ensuring that the company is in compliance with standards and financial regulations that are specific to their particular industry.