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<b>Satyam Q3</b>: Ups FY07 topline, EPS growth

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Our Web Bureau Mumbai
Satyam Computer today revised upwards its revenue guidance for FY07.

"We remain positive about the demand in the market, which we believe is fuelled by increasing budgets for IT spend and a rising number of global outsourcing deals. Against this backdrop, we are revising our US GAAP revenue guidance upwards. However, in view of the rupee appreciation, we now expect revenue, as per Indian GAAP consolidated financials, to grow between 34.3-34.4%. The corresponding EPS growth for fiscal 2007 is revised upwards to 37%," Ramalinga Raju, chairman, Satyam, said.

 
 

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First Published: Jan 19 2007 | 11:44 AM IST

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