Punjab Communications Q1 Results Live : loss falls by 56.91% YOY
Punjab Communications Q1 Results Live : Revenue increased by 2.65% YoY & loss decreased by 56.91% YoY
Punjab Communications Q1 Results Live : Punjab Communications announced their Q1 results on 07 Aug, 2024, showing a topline growth of 2.65% and a significant 56.91% decrease in loss compared to the same period last year.
However, there was a decline of 45.4% in revenue and an increase of 108.89% in loss compared to the previous quarter.
The company witnessed a 3.29% rise in Selling, general & administrative expenses quarter-on-quarter, but a 6.69% decrease year-on-year.
Operating income took a hit, decreasing by 122.71% sequentially, but showing an increase of 39.11% year-on-year.
The earnings per share (EPS) for Q1 were reported at ₹-1.11, marking a significant 177.02% decrease from the previous year.
In terms of returns, Punjab Communications delivered -6.09% in the last week, while showing 6.17% return over the last 6 months and 41.43% year-to-date return.
As of now, Punjab Communications has a market capitalization of ₹76.96 Cr with a 52-week high/low of ₹77.4 and ₹30.2 respectively.
Punjab Communications Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 3.21 | 5.88 | -45.4% | 3.13 | +2.65% |
| Selling/ General/ Admin Expenses Total | 3.56 | 3.44 | +3.29% | 3.81 | -6.69% |
| Depreciation/ Amortization | 0.04 | 0.05 | -14.79% | 0.05 | -7.59% |
| Total Operating Expense | 6.25 | -7.53 | +183.05% | 8.13 | -23.04% |
| Operating Income | -3.04 | 13.41 | -122.71% | -5 | +39.11% |
| Net Income Before Taxes | -1.34 | 15.02 | -108.89% | -3.1 | +56.91% |
| Net Income | -1.34 | 15.02 | -108.89% | -3.1 | +56.91% |
| Diluted Normalized EPS | -1.11 | -0.39 | -187.94% | -0.4 | -177.02% |
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