SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Mahindra Satyam plans for acquisitions in European Union, Australia

01 Feb 2013 Evaluate

Mahindra Satyam, leading global consulting and IT services provider, is planning for acquisitions in the European Union and Australia in the areas of engineering services, manufacturing and healthcare verticals, as it is sitting on a cash pile of Rs 3,311 crore.

The company took this decision, as in the last quarter, US has contributed 53% of Rs 1,940 crore revenues of the company as against Rs 1,718 crore in the same quarter last year. This was followed by the EU with 24% and the rest of the world 23 per cent. The company added 169 staff in the quarter to take the total to 37,000.

The company has reported 82.71% fall in its net profit at Rs 50.89 crore for the quarter as compared to Rs 294.32 crore for the same quarter in the previous year. However, total income of the company has increased by 7.91% at Rs 1889.97 crore for quarter under review as compared to Rs 1751.37 crore for the quarter ended December 31, 2011. 

Peers
Company Name CMP
TCS 2546.30
Infosys 1310.60
HCL Tech. 1453.85
Wipro 207.85
Tech Mahindra 1461.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×