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Incorporated in 1986, HCL Infosystems Ltdis engaged in annual maintenance contracts related to Enterprise Distribution Customers
HCL Infosystems has announced its 40th Annual General Meeting (AGM). Shareholders can access the AGM notice and Annual Report for FY2025-26 via the company's website and stock exchange platforms.
HCL Infosystems posted Q1 financial results with revenue of Rs. 4.18 Cr and PBT loss of Rs. 16.68 Cr. Positively, a Rs. 14.90 Cr income tax demand was quashed, and the company received Rs. 26.60 Cr in tax refunds. Focus remains on overdue receivables.
HCL Infosystems saw Q3 revenue drop to 4.22 Cr, with losses escalating to 9.75 Cr, largely due to a 3.22 Cr tax provision. The company received 300 Cr via NCDs from its promoter for loan repayment, while actively pursuing arbitration for dues recovery.
HCL Infosystems reported Q2 revenue of Rs 5.07 Cr and a PBT loss of Rs 5.50 Cr. Key wins include a Rs 102.81 Cr arbitration award and Rs 5 Cr release from another. A promoter entity approved up to Rs 1,500 Cr financial support to address liquidity issues.
HCL Infosystems' shareholders approved VKC & Associates as Secretarial Auditors for a five-year term, boosting compliance and governance.