Tuesday, March 04, 2025 | 08:31 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

HCL Infosystems shares tank over 6% post Q1 results

Image

Press Trust of India New Delhi

Shares of HCL Infosystems tumbled over 6 per cent on Thursday after the company's consolidated loss widened to Rs 39.97 crore for the June quarter 2019.

The scrip of the company tanked 6.29 per cent to close at Rs 10.72 on the BSE. During the day, it dropped 8.47 per cent to Rs 10.47.

On the NSE, shares tumbled 5.70 per cent to close at Rs 10.75.

The company had registered a loss of Rs 28.60 crore in the April-June 2018 quarter, HCL Infosystems said in a BSE filing on Wednesday.

Its revenue from operations declined over 39 per cent to Rs 680.87 crore in the quarter under review from Rs 1,128.52 crore in the year-ago period.

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 01 2019 | 6:00 PM IST

Explore News