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Satyam net up 18.6% year-on-year

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BS Reporter Hyderabad
Last Updated : Jan 19 2013 | 10:22 PM IST

Satyam's revenue witnessed a 10 per cent q-o-q (compared to the trailing quarter) growth while its net profit recorded a 7.7 per cent growth, much more than its tier-I IT peers. For the first quarter of FY09 ending June 30, 2008, its revenue is expected to be between Rs 2,500 crore and Rs 2,512.5 crore -- a growth of 3.5 per cent and 4 per cent respectively.

For the full year ended March 31, 2008, the company's registered a net profit of Rs 1,687.89 crore, as compared with Rs 1,404.74 in the previous year, registering a growth of 20.15 per cent. Its revenues crossed the $2-billion mark (Rs 8,473.49 crore), a growth of 30.66 per cent over Rs 6,485.08 crore the previous year. Basic earnings per share of Rs 2 each was at Rs 25.24,  compared with Rs 21.45 last year. For the 2008-09 financial year, consolidated Indian GAAP revenues are expected to be between Rs 10,500 crore and Rs 10,670 crore, an increase of 23.9 per cent and 25.9 per cent respectively.

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First Published: Apr 21 2008 | 5:46 PM IST

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