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HCL Infosystems reports consolidated net loss of Rs 241.02 crore in Q4

30 May 2018 Evaluate

HCL Infosystems has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a net loss of Rs 143.52 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 300.63 crore for the same quarter in the previous year. However, total income of the company increased by 89.62% at Rs 907.86 crore for quarter under review as compared to Rs 478.77 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a net loss of  Rs 241.02 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 124.11 crore for the corresponding quarter in the FY17. However, total income of the company increased by 50.16% at Rs 1108.90 crore for quarter under review as compared to Rs 738.50 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a net loss of Rs 631.57 crore as compared to net loss of Rs 362.39 crore for the previous year. However, total income of the company increased by 29.81% at Rs 3003.02 crore for year under review as compared to Rs 2313.42 crore for the year ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a net loss of Rs 813.76 crore as compared to net loss of Rs 247.67 crore for the same period in the previous year. However, total income of the company increased by 11% at Rs 3742.03 crore for year under review as compared to Rs 3371.19 crore for the year ended March 31, 2017.


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