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HCL Infosystems Ltd Q1FY24; 24% rise in Revenue

HCL Infosystems Ltd is primarily engaged into value-added distribution of technology, mobility and consumer electronic products.
It also offers a wide range of services such as IT infrastructure services, Infrastructure managed services, Enterprise application services and others. It also sells digitised educational content & learning solutions.


Financial Results:

  • HCL Infosystems Ltd reported Revenues for Q1FY24 of ₹11.30 Crores up from ₹9.12 Crore year on year, a rise of 23.9%.
  • Total Expenses for Q1FY24 of ₹22.61 Crores down from ₹28.80 Crores year on year, a fall of 21.49%.
  • Consolidated Net Profit of -₹5.89 Crores from -₹9.98 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹0.18, from -₹0.30 in the same quarter of the previous year.
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