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Satyam Computer surges on reporting net profit of Rs 446.69 crore in Q4

Mahindra Satyam Ltd. (Amalgamated) | IT - Software | IT & ITES | BSE: 500376 | NSE: SATYAMCOMP

18 May 2012 Evaluate

Satyam Computer Services is currently trading at Rs. 68.65, up by 1.85 points or 2.77% from its previous closing of Rs. 66.80 on the BSE.

The scrip opened at Rs. 68.90 and has touched a high and low of Rs. 72.00 and Rs. 67.85 respectively. So far 670077 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 94.20 on 05-Jul-2011 and a 52 week low of Rs. 62.10 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs. 72.00 and Rs. 66.25 respectively. The current market cap of the company is Rs. 8037.53 crore.

The promoters holding in the company stood at 42.64% while Institutions and Non-Institutions held 27.84% and 29.51% respectively.

Satyam Computer Services has reported results for fourth quarter and year ended March 31, 2012.

On the standalone basis, the company has reported net profit of Rs 446.69 crore for the quarter ended March 31, 2012, against net loss of Rs 325.98 crore for the corresponding period last fiscal. Total income increased by 26.29% at Rs 1550.54 crore during the quarter under review from Rs 1277.75 crore in the year-ago period.

The company’s consolidated net profit was of Rs 534.21 crore for the quarter ended March 31, 2012, against net loss of Rs 326.98 crore for the corresponding period last fiscal. Total income increased by 21.12% at Rs 1665.84 crore during the quarter under review from Rs 1375.36 crore in the year-ago period.

For the full year ended March 31, 2012, on the standalone basis, the company has reported net profit of Rs 1202.80 crore for the year ended March 31, 2012, against net loss of Rs 127.61 crore for the corresponding period last fiscal. Total income increased by 24.88% at Rs 5964.21 crore during the year under review from Rs 4776.12 crore in the year-ago period.

On the consolidated basis, the company has reported net profit of Rs 1306.06 crore for the year ended March 31, 2012, against net loss of Rs 147.23 crore for the corresponding period last fiscal. Total income increased by 24.30% at Rs 6395.56 crore during the year under review from Rs 5145.06 crore in the year-ago period.

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Satyam Computer surges on reporting net profit of Rs 446.69 crore in Q4

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