Punjab Communications Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 32.76 million compared to INR 36.25 million a year ago. Revenue was INR 51.05 million compared to INR 55.75 million a year ago. Net loss was INR 95.33 million compared to INR 24.44 million a year ago. Basic loss per share from continuing operations was INR 7.93 compared to INR 2.03 a year ago. Diluted loss per share from continuing operations was INR 7.93 compared to INR 2.03 a year ago.
For the six months, sales was INR 48.96 million compared to INR 67.31 million a year ago. Revenue was INR 86.31 million compared to INR 106.29 million a year ago. Net loss was INR 138.98 million compared to INR 55.69 million a year ago. Basic loss per share from continuing operations was INR 11.56 compared to INR 4.63 a year ago. Diluted loss per share from continuing operations was INR 11.56 compared to INR 4.63 a year ago.