India Software Brief


Mahindra Satyam, recently reported consolidated revenues of Rs.1,666 crore for the fourth quarter ended March 31, 2012, a growth of 21 percent over the corresponding period of the previous year. The company's earnings before interest and depreciation at Rs.292 crore and margins at 17.5 percent for the fourth quarter were said to be the highest in the past three years. Its net profit stood at Rs.534 crore compared to Rs.308 crore in the previous quarter. The company announced its audited consolidated financial results for the fourth quarter and 2011-12. The company posted an annual revenue of Rs.6,396 crore, with a growth rate of 24 percent over that of last year with a net profit of Rs.1,306 crore. The company posted a loss of Rs.147 crore in the previous year.

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Mahindra Satyam Q4 net beats estimates, up 73% at Rs 534 cr (May 11)

May 11, moneycontrol.com

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