Thursday, July 20, 2006

Satyam Q1 consolidated net up 86%

Source : BSE India
Satyam Computer Services Ltd has announced the following Audited results for the quarter ended June 30, 2006:

The Company has posted profit after taxation of Rs 3600.90 million for the quarter ended June 30, 2006 (Q1 FY 06-07) as compared to Rs 2060.50 million for the quarter ended June 30, 2005 (Q1 FY 05-06). Total Income has increased from Rs 10578.20 million in Q1 FY 05-06 to Rs 14612.40 million for Q1 FY 06-07.

The Consolidated results as per Indian GAAP are as follows :

The Group has posted Profit after Taxation and share of loss in associate Company & minority interest as per Indian GAAP of Rs 3541.20 million for the quarter ended June 30, 2006 (Q1 FY 06-07) as compared to Rs 1902.00 million for the quarter ended June 30, 2005 (Q1 FY 05-06). Total Income has increased from Rs 10821.20 million in Q1 FY 05-06 to Rs 15174.10 million for Q1 FY 06-07.

The Consolidated results as per US GAAP are as follows :

The Group has posted a Net Income of $ 75.50 million for the quarter ended June 30, 2006 (Q1 FY 06-07) as compared to $ 42.30 million for the quarter ended June 30, 2005 (Q1 FY 05-06). Revenues have increased from $ 246.00 million in Q1 FY 05-06 to $ 322.50 million for Q1 FY 06-07.

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