Please find enclosed herewith Unaudited Quarterly Financial Results for period ended 31.12.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.9 pts less than Nifty Microcap 250 and 7.8 pts less than its Telecommunication peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Punjab Communications reported Q3 FY26 (quarter ended 31 Dec 2025) revenue from operations of Rs 498.82 lakhs, up about 40% YoY from Rs 354.72 lakhs in Q3 FY25. However, the company swung to a loss of Rs 90.86 lakhs in Q3 FY26 from a profit of Rs 54.97 lakhs a year ago. On a 9-month basis, revenue declined roughly 14% to Rs 1,062.33 lakhs (from Rs 1,229.46 lakhs), but the company turned profitable at Rs 267.19 lakhs versus a Rs 179.02 lakh loss in the same period last year. Total expenses of Rs 808.37 lakhs in Q3 exceeded total revenue of Rs 717.51 lakhs. The statutory auditors issued a qualified review report flagging issues around inventory valuation methods, non-compliance with Ind AS 2, physical verification not being carried out, and non-implementation of the New Labour Code.
The quarterly loss and the auditor's qualified report on inventory practices and governance are negatives for investor confidence, though the YTD turnaround to profit and zero debt position offer some comfort. The audit qualifications raise concerns about internal controls and may weigh on the stock in the short term.