Board approves Q1 FY27 results; auditor flags going concern uncertainty
HCL-INSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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HCL Infosystems Q1 FY27 results approved. Standalone net loss Rs 1,670 lakhs vs Rs 428 lakhs YoY, with nil operating revenue. Consolidated revenue Rs 418 lakhs vs Rs 703 lakhs YoY, net loss Rs 1,668 lakhs. Auditor flagged going concern uncertainty: fully eroded net worth and current liabilities exceed current assets by Rs 44,974 lakhs. Promoter support of up to Rs 1,50,000 lakhs from HCL Capital underpins going concern assumption.
Going concern flagged; net worth eroded, liabilities exceed assets by Rs 44,974 lakhs. Promoter backing sustains operations. High risk stock.