HCL Infosystems net down 19.5% to Rs 47.5 cr

MUMBAI: HCL Infosystems Wednesday reported a 19.5% decline in net profit to Rs 47.46 crore for July-September quarter of the year. In the year-ago period, the company had a net profit of Rs 58.97 crore, HCL Infosystems said in a filing to the Bombay Stock Exchange. The company’s net sales decreased to Rs 2,959.37 crore during the first quarter ended September 30, from 2,998.97 crore in the corresponding period an year-earlier .

“Over the last quarter, HCL Infosystems has successfully ventured into new markets and enhanced vertical expertise to sustain company’s transformation journey with solution centric practices through specialised products,” HCL Infosystems chairman Ajay Chowdhry said. Besides, the company has declared an interim dividend of Rs 2 per share for the financial year 2010-11 .