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LCC Infotech LimitedBoard Meeting, 26-05-2025: Outcome of Board Meeting

26-05-2025 | 05:13 pm

LCC Infotech has announced a board meeting that approved the financial results for the quarter and half-year. The company reported a net loss of Rs 215.84 lakh, significantly narrowed from Rs 6,332.44 lakh last year, indicating operational improvements despite ongoing challenges. No dividend was declared. During the year, LCC Infotech sold its subsidiary LCC Skills Limited and now operates without any subsidiaries. The balance sheet shows equity of Rs 2,531.87 lakh but still carries a negative net worth due to accumulated losses. Cash flow from operations remains under strain.

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