HCL Infosystems, a subsidiary of India’s $600m HCL group, has announced its half-yearly results. The firm has improved its financial results for the half-year ended December 31. Net sales have increased to $73m from $68m last year and net profit after tax has also gone up to $1.23m from $0.25m. This is largely due to the successful implementation of its new business strategy of aligning its skills and strengths to become an end-to-end enterprise solutions provider. HCL Insys, earlier called HCL Hewlett Packard Ltd (HP sold its 26% stake to the HCL group in August 1997), has bagged several large orders to provide single- window enterprise solutions in key vertical segments of telecommunications, manufacturing, finance & banking and the government.
