HCL Infosystems Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 82.6 million compared to INR 138.6 million a year ago. Revenue was INR 160.6 million compared to INR 258.8 million a year ago. Net loss was INR 56.5 million compared to INR 217.9 million a year ago. Basic loss per share from continuing operations was INR 0.17 compared to INR 0.66 a year ago. Diluted loss per share from continuing operations was INR 0.17 compared to INR 0.66 a year ago.
For the full year, sales was INR 314.1 million compared to INR 694.4 million a year ago. Revenue was INR 548 million compared to INR 1,109.8 million a year ago. Net loss was INR 387.9 million compared to net income of INR 245.2 million a year ago. Basic loss per share from continuing operations was INR 1.18 compared to basic earnings per share from continuing operations of INR 0.74 a year ago. Diluted loss per share from continuing operations was INR 1.18 compared to diluted earnings per share from continuing operations of INR 0.74 a year ago.