Tuesday 24 May 2011

Mahindra Satyam Triggers Growth Phase with Increased Q4 revenue

Mahindra Satyam, a leading global Consulting, IT and Business services provider today announced its consolidated financial results under Indian GAAP for the fourth quarter and year ended March 31st, 2011.




Financial Highlights for the Quarter ended March 31, 2011:
  • Consolidated Revenue was INR 1,375 crores, up 7.5% QoQ
  • EBITDA before exceptional items was INR 178 crores
  • Profit After Tax (before exceptional items) was INR 245 crores, up 118% QoQ
  • The extraordinary item pertains to the Class Action settlement reached during quarter
  • EPS (before exceptional items) was Rs 2.08 per share in Q4
  • PAT (after exceptional items) was INR -327 crores
  • EPS (after exceptional items) was Rs -2.78 per share in Q4

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Mahindra Satyam Triggers Growth Phase with Increased Q4 revenue