Punjab Communications Limited announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a profit of ₹286.60 lakhs for the period. The Board of Directors approved these results in their meeting held on August 12, 2026. The limited review report from the statutory auditors is also appended.
Punjab Communications Announces Q1 FY27 Unaudited Results
Punjab Communications Limited has disclosed its unaudited financial results for the first quarter of the fiscal year 2027, which concluded on June 30, 2026. The company’s Board of Directors, in their 240th meeting held on August 12, 2026, reviewed and approved these provisional financial figures.
Financial Highlights for Q1 FY27
The unaudited results indicate a profitable quarter for Punjab Communications. The company reported a profit of ₹286.60 lakhs for the quarter ended June 30, 2026. This figure is consistent with the profit reported for the corresponding quarter of the previous year (June 30, 2025), which also stood at ₹286.60 lakhs.
Total revenue from operations for the quarter stood at ₹583.21 lakhs. The total expenses for the period were reported as ₹510.79 lakhs. The company also noted other comprehensive income/(expenses) items, resulting in a total comprehensive income of ₹299.27 lakhs for the quarter.
Auditor’s Review and Notes
The financial results have undergone a limited review by the company’s statutory auditors, M/s Charanjit Singh & Associates, Chartered Accountants. The auditors’ report, while noting several points for clarification and potential qualification, concludes that the accompanying financial information provides a true and fair view in all material respects, subject to the matters detailed in their basis for qualified conclusion.
Key notes from the financial statement include the company’s accounting policy for inventory valuation, issues related to work-in-process and finished sub-assemblies valuation, and the need for a policy to estimate Expected Credit Loss (ECL). The company is also working on reconciling GST balances and disclosing contingent liabilities.
The auditors also highlighted that the financial statements for the year ended March 31, 2025, and the quarter ended June 30, 2026, were reviewed by predecessor auditors who expressed an adverse conclusion. However, the current auditors’ conclusion is not modified in respect of these matters.
Source: BSE
