HCL Infosystems posts Q2 loss at Rs 10 crore

IT company HCL Infosystems on Tuesday posted a consolidated loss of Rs 10 crore in the second quarter ended September. The company had posted a consolidated profit of Rs 13 crore in the same period a year ago, it said in a regulatory filing.

According to the auditor’s note, HCL Infosystems group has accumulated losses and its net worth has been fully eroded as on September 30, 2022.