Mahindra Satyam posts 10-fold growth in Q2 PAT to Rs 238 crore
IT firm Mahindra Satyam today posted a 10-fold growth in profit-after-tax to Rs 238 crore for the second quarter of the 2011-12 financial year.
The company's profit-after-tax stood at Rs 23.31 crore in the July-September quarter of the 2010-11 fiscal. On a quarter-on-quarter basis, Mahindra Satyam's profit-after-tax was up 5.77 per cent from Rs 225 crore in Q1, FY'12. The company's consolidated revenues surged by 27.01 per cent during the quarter under review to Rs 1,578 crore from Rs 1,242.4 crore in the corresponding period a year ago. On a Q-o-Q basis, Q2 revenues were up 10.04 per cent from Rs 1,433.93 crore in the first quarter for more details....
The company's profit-after-tax stood at Rs 23.31 crore in the July-September quarter of the 2010-11 fiscal. On a quarter-on-quarter basis, Mahindra Satyam's profit-after-tax was up 5.77 per cent from Rs 225 crore in Q1, FY'12. The company's consolidated revenues surged by 27.01 per cent during the quarter under review to Rs 1,578 crore from Rs 1,242.4 crore in the corresponding period a year ago. On a Q-o-Q basis, Q2 revenues were up 10.04 per cent from Rs 1,433.93 crore in the first quarter for more details....
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