Punjab Communications Ltd

📉 Punjab Communications Reports Q1 FY2026 Results with Auditor Concerns

- Punjab Communications reported Q1 FY2026 profit before tax of ₹34.99L vs. previous quarter loss of ₹37.85L

- Auditors issued adverse opinion due to material misstatements

- Inventory valuation errors: ₹71,214.27L vs. ₹11,844.45L reported

- No Expected Credit Loss policy for trade receivables

- EPS for quarter: ₹0.29 (basic & diluted)

- Rental income: ₹142.26L; interest income: ₹125.08L

- Deferred tax assets not recognized

- Statutory auditors found pervasive material misstatements