Satyam Computer Announces Q2 Results

Satyam Computer Services Ltd has announced the following Audited results for the quarter ended September 30, 2007:The Company has posted a profit after taxation of Rs 4171.50 million for the quarter ended September 30, 2007 as compared to Rs 3223.40 million for the quarter ended September 30, 2006. Total Income has increased from Rs 15658.40 million for the quarter ended September 30, 2006 to Rs 20564.40 million for the quarter ended September 30, 2007.The Unaudited Consolidated results as per Indian GAAP are as follows:The Group has posted a Profit after taxation & minority interest as per Indian GAAP of Rs 4090.90 million for the quarter ended September 30, 2007 as compared to Rs 3198.10 million for the quarter ended September 30, 2006. Total Income has increased from Rs 16301.10 million for the quarter ended September 30, 2006 to Rs 21422.60 million for the quarter ended September 30, 2007.The Unaudited Consolidated results as per US GAAP are as follows: (US $ million)The Group has posted a Net Income of $ 101.90 million for the quarter ended September 30, 2007 as compared to $ 65.50 million for the quarter ended September 30, 2006. Revenues have increased from $ 352.00 million for the quarter ended September 30, 2006 to $ 509.60 million for the quarter ended September 30, 2007.