Punjab Communications
63.24
-2.47(-3.76%)
Market Cap₹- Cr
PE Ratio-
IndustryTelecom
Company Performance:
1D-3.76%
1M+5.12%
6M-5.79%
1Y+7.94%
5Y+164.60%
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More news about Punjab Communications
26Aug 25
Punjab Communications Faces Scrutiny as Auditors Issue Adverse Opinion on Q1 Results
Punjab Communications Limited's (Puncom) Q1 financial results face scrutiny as auditors Ashwani & Associates issue an adverse opinion. Key issues include inventory valuation discrepancies, incorrect work-in-process and finished sub-assemblies valuation, and lack of an Expected Credit Loss policy. Auditors state these irregularities prevent fair presentation of the company's financial performance. The Board approved these results on August 26, but no public statement addressing concerns has been issued.
05Aug 25
Punjab Communications Delays Q1 FY2026 Results Due to CFO Transition
Punjab Communications Limited (Puncom) has postponed the release of its quarterly financial results for the period ending June 30, 2025. The delay is attributed to a recent change in the company's Chief Financial Officer. CA Saurav Gupta from the Department of Health and Family Welfare, Government of Punjab, took charge as the new CFO on June 12, 2025. The company's 232nd Board Meeting has been rescheduled from August 14 to August 26, 2025, to consider and approve the unaudited quarterly financial results. Puncom acknowledged that this rescheduled date falls beyond the regulatory deadline set by SEBI but assured stakeholders of its commitment to future compliance.
Punjab Communications
63.24
-2.47
(-3.76%)
1 Year Returns:+7.94%
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