HCL Infosystems shares drop nearly 5 pc after Q4 results

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Press Trust of India New Delhi
Last Updated : May 30 2018 | 6:50 PM IST

Shares of HCL Infosystems today fell by nearly 5 per cent after the company reported widening of consolidated net loss to Rs 241 crore in the quarter ended March 2018.

The stock dropped 4.63 per cent to settle at Rs 43.25 on BSE. During the day, it plunged 4.96 per cent to Rs 43.10.

On NSE, shares of the company declined 4.72 per cent to close at Rs 43.35.

In terms of equity volume, 3.93 lakh shares of the company were traded on BSE and over 16 lakh shares changed hands on NSE during the day.

The company had posted a net loss of Rs 124.11 crore in the same period a year ago.

The total income of HCL Infosystems increased by over 50 per cent to Rs 1,108.9 crore in the last quarter of 2017-18 compared to Rs 738.5 crore it posted in the corresponding quarter of the previous fiscal.

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First Published: May 30 2018 | 6:50 PM IST

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