Please find enclosed the copy of Annual Report for FY 2024-25 in compliance with Regulation 34 of SEBI (LODR) Regulations, 2015
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Punjab Communications Ltd (PUNCOM), a Punjab state PSU, submitted its Annual Report for FY 2024-25 to BSE on November 28, 2025, as required under SEBI LODR Regulation 34. The 44th Annual General Meeting is scheduled for December 22, 2025, at 11:30 AM via video conferencing. For FY25, the company reported sales of ₹1,721.43 lakh (up from ₹1,504.59 lakh) and a loss after tax of ₹37.86 lakh, compared to a profit of ₹1,015.22 lakh in FY24, which had been boosted by a one-time exceptional interest income of ₹1,548.08 lakh from a settlement with UP Co-operative Spinning Mills Federation. Core operations remain weak, with an operating loss of ₹17.63 lakh versus a profit last year. No dividend has been declared. The company holds healthy cash and bank balances of around ₹55.76 crore and is 71.12% owned by Punjab Information & Communication Tech Corp Ltd.
This is a routine annual compliance filing and not a new business event, so direct stock impact is limited. However, shareholders should note the return to operational losses in core business, the absence of any dividend, and the company's heavy dependence on interest income and bank deposits to sustain its finances. Investors may want to track the AGM on December 22 for any management commentary on future business revival.