Punjab Communications Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 31.18 million compared to INR 23.47 million a year ago. Revenue was INR 47.11 million compared to INR 41.89 million a year ago. Net loss was INR 13.64 million compared to INR 18.77 million a year ago. Basic loss per share from continuing operations was INR 1.13 compared to INR 1.56 a year ago. Diluted loss per share from continuing operations was INR 1.13 compared to INR 1.56 a year ago.
For the nine months, sales was INR 91.68 million compared to INR 72.44 million a year ago. Revenue was INR 145.1 million compared to INR 128.2 million a year ago. Net loss was INR 48.65 million compared to INR 157.74 million a year ago. Basic loss per share from continuing operations was INR 4.05 compared to INR 13.12 a year ago. Diluted loss per share from continuing operations was INR 4.05 compared to INR 13.12 a year ago.