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Tuesday, August 9, 2011

Mahindra Satyam Q1 for 2011-12 net profit at Rs 225 cr, Latest Stock Price


Mahindra Satyam 's first quarter FY12 consolidated net profit was at Rs 225 crore versus loss of Rs 327 crore, quarter-on-quarter.
During the period, its consolidated revenues were up at Rs 1,434 crore versus Rs 1,375 crore (QoQ). In the fourth quarter of last fiscal, it incurred an extraordinary loss of Rs 570 crore.

During the quarter, the company added 2,172 people (net), taking total headcount to 31,438 as of June 30, 2011.

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