Punjab Communications Ltd Q1 FY2023 loss widens to Rs. 4.36 crores

PUNJAB COMMUNICATIONS LTD. has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 3.5255 crores during the period ended June 30, 2022 as compared to Rs. 4.5007 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -4.3642 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -3.1018 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -3.63 for the period ended June 30, 2022 as compared to Rs. -2.58 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 3.5255 crs	₹4.5007 crs	-21.67%
Net Profit	₹-4.3642 crs	₹-3.1018 crs	40.70%
EPS	₹-3.63	₹-2.58	40.70%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 3.5255 crores during the period ended June 30, 2022 as compared to Rs.5.0532 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-4.3642 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-3.1252 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-3.63 for the period ended June 30, 2022 as compared to Rs.-2.60 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 3.5255 crs	₹5.0532 crs	-30.23%
Net Profit	₹-4.3642 crs	₹-3.1252 crs	39.65%
EPS	₹-3.63	₹-2.60	39.62%

Shares of PUNJAB COMMUNICATIONS LTD. was last trading in BSE at Rs. 38.40 as compared to the previous close of Rs. 38.75. The total number of shares traded during the day was 500 in over 16 trades.

The stock hit an intraday high of Rs. 38.50 and intraday low of 37.00. The net turnover during the day was Rs. 18934.00.

Source : Equity Bulls

Keywords

PunjabCommunications Q1FY23 ResultUpdate