Satyam sees 26% revenue growth for FY09

Satyam Computer Services today said that the company's consolidated revenue under Indian GAAP is expected to be between Rs 10,500 crore and Rs 10,670 crore, implying a growth rate of 23.9% and 25.9% over fiscal 2008. EPS for the full year is expected to be between Rs 29.54 to Rs 30.04, implying a growth rate of 17% to 19%.

According to a release issued by Satyam to the BSE today, for the fiscal 2009, under US GAAP, revenue is expected to be between $2.65 bn and $2.69 bn, implying a growth rate of 24% to 26% over fiscal 2008. Basic earning per ADS for fiscal 2009 is expected to be between $1.44 and $1.47, implying a growth rate of 15.2% - 17.6% over fiscal 2008.

For Q1FY09, under US GAAP, revenue is expected to be between $631.7 mn and $634.8 mn, implying a growth rate of 3% to 3.5%. Basic earning per ADS for the quarter is expected to be $0.38, implying a growth rate of 11.8%.

For the same period, under Indian GAAP consolidated, corresponding revenue is expected to be between Rs 2,500 crore and Rs 2,512.5 crore, implying a growth rate of 3.5% and 4.0%; EPS for the quarter is expected to be between Rs 7.64 to 7.68, implying a growth rate of 9.7% to 10.2%.