Monday, January 21, 2008

Satyam Computer Announces Q3 Results

Satyam Computer Services Ltd has announced the following Audited results for the quarter ended December 31, 2007:The Company has posted a profit after taxation of Rs 4410.00 million for the quarter ended December 31, 2007 as compared to Rs 3433.00 million for the quarter ended December 31, 2006. Total Income has increased from Rs 16046.00 million for the quarter ended December 31, 2006 to Rs 21792.70 million for the quarter ended December 31, 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 4336.30 million for the quarter ended December 31, 2007 as compared to Rs 3372.30 million for the quarter ended December 31, 2006. Total Income has increased from Rs 16712.90 million for the quarter ended December 31, 2006 to Rs 22660.50 million for the quarter ended December 31, 2007.The Unaudited Consolidated results as per US GAAP are as follows: (US $ million)The Group has posted a Net Income of $ 109.7 million for the quarter ended December 31, 2007 as compared to $ 71.1 million for the quarter ended December 31, 2006. Revenues have increased from $ 375.6 million for the quarter ended December 31, 2006 to $ 562.9 million for the quarter ended December 31, 2007.

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