HCL Infosystems Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting

HCL Infosystems has announced a board meeting approving the consolidated financial results for the quarter and half-year. The group posted a net loss of Rs. 21.11 Cr, widening from Rs. 15.88 Cr last year, hit by delayed contracts, low-margin deals, and ongoing litigations. Revenue fell to Rs. 24.61 Cr from Rs. 32.17 Cr. Working capital stress remains high, with current liabilities exceeding assets by over Rs. 481 Cr. Promoter support continues via corporate guarantees and interest-free loans. The company is monetizing properties and pursuing arbitration to recover dues. Auditor flagged uncertainty on going concern.