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Satyam Computer Services reports 11% fall in FY13 consolidated net profit

16 May 2013 Evaluate

Satyam Computer Services has reported results for the year ended March 31, 2013.

The Company has reported 25.02% drop in FY13 net profit at Rs 901.88 crore as compared to Rs 1202.80 crore for the year ended March 31, 2012. The company’s total income has increased by 16.53% at Rs 7404.78 crore for the year as compared to Rs 6354.35 crore for the previous year.

On consolidated basis, the Group’s net profit after tax and minority interest declined by 10.85% at Rs 1164.32 crore for the year ended March 31, 2013 as compared to Rs 1306.06 crore for the year ended March 31, 2012. Total Income has increased by 17.56% to Rs 8011.11 crore for the year under review from Rs 6814.46 crore in the previous fiscal.

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