Punjab Communications Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 23.47 million compared to INR 14.71 million a year ago. Revenue was INR 41.89 million compared to INR 35.18 million a year ago. Net loss was INR 18.77 million compared to INR 38.17 million a year ago. Basic loss per share from continuing operations was INR 1.56 compared to INR 3.17 a year ago. Diluted loss per share from continuing operations was INR 1.56 compared to INR 3.17 a year ago.
For the nine months, sales was INR 72.44 million compared to INR 82.01 million a year ago. Revenue was INR 128.2 million compared to INR 141.46 million a year ago. Net loss was INR 157.74 million compared to INR 93.91 million a year ago. Basic loss per share from continuing operations was INR 13.12 compared to INR 7.81 a year ago. Diluted loss per share from continuing operations was INR 13.12 compared to INR 7.81 a year ago.