HCL Infosystems Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 71 million compared to INR 124.3 million a year ago. Revenue was INR 111.1 million compared to INR 148.6 million a year ago. Net loss was INR 130.7 million compared to INR 73.4 million a year ago. Basic loss per share from continuing operations was INR 0.4 compared to INR 0.22 a year ago. Diluted loss per share from continuing operations was INR 0.4 compared to INR 0.22 a year ago.
For the nine months, sales was INR 231.5 million compared to INR 555.8 million a year ago. Revenue was INR 387.4 million compared to INR 851 million a year ago. Net loss was INR 331.4 million compared to net income of INR 463.1 million a year ago. Basic loss per share from continuing operations was INR 1.01 compared to basic earnings per share from continuing operations of INR 1.41 a year ago. Diluted loss per share from continuing operations was INR 1.01 compared to diluted earnings per share from continuing operations of INR 1.41 a year ago.