Punjab Communications Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 14.71 million compared to INR 63.72 million a year ago. Revenue was INR 35.18 million compared to INR 84.51 million a year ago. Net loss was INR 38.17 million compared to INR 26.04 million a year ago. Basic loss per share from continuing operations was INR 3.17 compared to INR 2.17 a year ago. Diluted loss per share from continuing operations was INR 3.17 compared to INR 2.17 a year ago.
For the nine months, sales was INR 82.01 million compared to INR 133.89 million a year ago. Revenue was INR 141.46 million compared to INR 197.31 million a year ago. Net loss was INR 93.91 million compared to INR 98.7 million a year ago. Basic loss per share from continuing operations was INR 7.81 compared to INR 8.21 a year ago. Diluted loss per share from continuing operations was INR 7.81 compared to INR 8.21 a year ago.