Punjab Communications Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	247.43	172.14	150.46	105.89	107.59	205.76
Revenue Growth (YoY)	36.16%	14.41%	42.09%	-1.58%	-47.71%	-25.45%
Cost of Revenue	90.39	85.82	60.93	47.07	34.33	107.68
Gross Profit	157.04	86.32	89.53	58.82	73.26	98.07
Selling, General & Admin	138.21	132.85	149.1	194.61	247.62	259.11
Other Operating Expenses	15.12	-0.58	-8.87	-20.91	-8.75	-0.05
Operating Expenses	155.41	134.3	142.21	176.01	243.12	262.57
Operating Income	1.63	-47.98	-52.68	-117.2	-169.86	-164.5
Interest Expense	-	-	-4.96	-0.35	-	-0.01
Interest & Investment Income	40.86	39.27	30.51	30.62	37.84	45.76
Currency Exchange Gain (Loss)	-	-	-	-0.01	-	-0
Other Non Operating Income (Expenses)	-	-	-	-	-0.22	-0.27
EBT Excluding Unusual Items	42.49	-8.71	-27.13	-86.94	-132.25	-119.03
Merger & Restructuring Charges	-	-	-26.18	-	-	-
Gain (Loss) on Sale of Assets	-	-	0.02	0.08	0.05	-
Legal Settlements	-1.66	-1.66	-	-	-	-
Other Unusual Items	-	6.58	154.81	-69.39	-	-
Pretax Income	40.84	-3.79	101.52	-156.25	-132.19	-119.03
Income Tax Expense	-	-	-	-	-7.32	-
Net Income	40.84	-3.79	101.52	-156.25	-124.88	-119.03
Net Income to Common	40.84	-3.79	101.52	-156.25	-124.88	-119.03
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
Shares Change (YoY)	0.12%	-	-	-	-	-
EPS (Basic)	3.39	-0.31	8.44	-12.99	-10.39	-9.90
EPS (Diluted)	3.39	-0.31	8.44	-13.00	-10.39	-9.90
Free Cash Flow	-	-95.44	-12.41	-229.8	-151.29	-47.83
Free Cash Flow Per Share	-	-7.94	-1.03	-19.11	-12.58	-3.98
Gross Margin	63.47%	50.14%	59.50%	55.55%	68.09%	47.66%
Operating Margin	0.66%	-27.87%	-35.01%	-110.68%	-157.88%	-79.95%
Profit Margin	16.50%	-2.20%	67.47%	-147.56%	-116.07%	-57.85%
Free Cash Flow Margin	-	-55.44%	-8.25%	-217.03%	-140.62%	-23.25%
EBITDA	3.69	-45.95	-50.7	-114.89	-166.97	-160.98
EBITDA Margin	1.49%	-26.70%	-33.70%	-108.50%	-155.19%	-78.24%
D&A For EBITDA	2.06	2.02	1.98	2.31	2.89	3.52
EBIT	1.63	-47.98	-52.68	-117.2	-169.86	-164.5
EBIT Margin	0.66%	-27.87%	-35.01%	-110.68%	-157.88%	-79.95%
Revenue as Reported	350.52	257.98	220.07	186.13	186.47	290.43
Advertising Expenses	-	0.78	0.51	0.54	0.43	0.44

Source: S&P Global Market Intelligence. Standard template. Financial Sources.