Punjab Communications Ltd Q2FY23 loss at Rs. 9.53 crores

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

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 5.1054 crores during the period ended September 30, 2022 as compared to Rs. 3.5255 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -9.5333 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -4.3642 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -7.93 for the period ended September 30, 2022 as compared to Rs. -3.63 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 5.1054 crs	₹3.5255 crs	44.81%
Net Profit	₹-9.5333 crs	₹-4.3642 crs	118.44%
EPS	₹-7.93	₹-3.63	118.46%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 5.1054 crores during the period ended September 30, 2022 as compared to Rs.5.5751 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-9.5333 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-2.4438 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-7.93 for the period ended September 30, 2022 as compared to Rs.-2.03 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 5.1054 crs	₹5.5751 crs	-8.42%
Net Profit	₹-9.5333 crs	₹-2.4438 crs	290.10%
EPS	₹-7.93	₹-2.03	290.64%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.8.6309 crores during the 6 Months period ended September 30, 2022 as compared to Rs.10.6284 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-13.8975 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-5.5690 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-11.56 for the 6 Months period ended September 30, 2022 as compared to Rs.-4.63 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹8.6309 crs	₹10.6284 crs	-18.79%
Net Profit	₹-13.8975 crs	₹-5.5690 crs	149.55%
EPS	₹-11.56	₹-4.63	149.68%

Shares of PUNJAB COMMUNICATIONS LTD. was last trading in BSE at Rs. 32.75 as compared to the previous close of Rs. 32.55. The total number of shares traded during the day was 6678 in over 46 trades.

The stock hit an intraday high of Rs. 33.50 and intraday low of 32.10. The net turnover during the day was Rs. 218092.00.

Source : Equity Bulls

Keywords

PunjabCommunications Q2FY23 H1FY23 ResultUpdate