Q1FY27 · Consolidated

Expenses left HCL-INSYS with a Rs 13.71 cr operating loss

Other income could not offset the operating loss and Rs 6.55 cr of interest; the consolidated results were filed after market close.

By Ashutosh

Filed 06 Aug 2026, 17:35 IST · after market close · HCL-INSYS (HCL-INSYS)

Key takeaways

  • Consolidated expenses of Rs 17.89 cr against revenue of Rs 4.18 cr produced a Rs 13.71 cr operating loss.
  • Other income of Rs 3.68 cr only partly offset the operating loss and Rs 6.55 cr of interest, leaving a Rs 16.68 cr net loss.
  • The zero tax charge did not create a tax benefit, so net loss matched profit before tax at Rs 16.68 cr.

Revenue did not cover the cost base

HCL-INSYS reported consolidated revenue of Rs 4.18 cr against expenses of Rs 17.89 cr, pushing operating profit to a loss of Rs 13.71 cr. The resulting operating margin was -327.99%, reflecting the large gap between revenue and operating costs.

Interest deepened the loss below operations

Other income of Rs 3.68 cr provided some offset to the operating loss, but interest expense of Rs 6.55 cr more than absorbed it. With depreciation at Rs 0.10 cr and no tax charge, the loss before tax and net loss were both Rs 16.68 cr.

No quarter-on-quarter or market-reaction context

The filing provides no year-on-year or sequential comparison, and there is no multi-quarter trend to assess. The consolidated results were filed on 6 August 2026 at 17:35 IST, after market close, so the filing timing does not provide a same-day market reaction to analyse.

Q1FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹4 cr
Other income₹4 cr
Expenses₹18 cr
Operating profit₹-14 cr
Operating margin (%)-327.99%
Interest₹7 cr
Depreciation₹0 cr
Profit before tax₹-17 cr
Tax₹0 cr
Net profit₹-17 cr
EPS (₹)₹-0.51

What to watch

  • Whether revenue moves above the current Rs 4.18 cr level relative to expenses of Rs 17.89 cr.
  • Whether operating margin improves from -327.99%.
  • Whether interest expense falls below Rs 6.55 cr or other income remains at Rs 3.68 cr.