Jul 24, 2007

Satyam Computers comes out with Quarter results

Satyam Computer Services has announced its first quarter results. It has reported first quarter consolidated net profit at 378.3 crore (Rs 3.78 billion) as against Rs 393.6 crore (Rs 3.93 billion) in previous quarter, decline of 3.89%. Consolidated net sales stood at Rs 1,830.2 crore (Rs 18.30 billion) versus Rs 1,779 crore (Rs 17.79 billion), up by 2.9%. This is the last It company to come out with results on a average all the It company where hit by Rupee appreciation .Had seen this very good video on them from CNN IBN.