Punjab Communications Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 29.24 million compared to INR 32.76 million a year ago. Revenue was INR 47.66 million compared to INR 51.05 million a year ago. Net loss was INR 4.02 million compared to INR 95.33 million a year ago. Basic loss per share from continuing operations was INR 0.33 compared to INR 7.93 a year ago. Diluted loss per share from continuing operations was INR 0.33 compared to INR 7.93 a year ago.
For the six months, sales was INR 60.5 million compared to INR 48.96 million a year ago. Revenue was INR 97.99 million compared to INR 86.31 million a year ago. Net loss was INR 35.01 million compared to INR 138.98 million a year ago. Basic loss per share from continuing operations was INR 2.91 compared to INR 11.56 a year ago. Diluted loss per share from continuing operations was INR 2.91 compared to INR 11.56 a year ago.