Punjab Communications Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 31.27 million compared to INR 16.2 million a year ago. Revenue was INR 50.33 million compared to INR 35.26 million a year ago.

Net loss was INR 30.99 million compared to INR 43.64 million a year ago. Basic loss per share from continuing operations was INR 2.58 compared to INR 3.63 a year ago. Diluted loss per share from continuing operations was INR 2.58 compared to INR 3.63 a year ago.