Go Ad-Free
    My Alerts
    VICTORIS
    Budget Express 2026

    co-presented by

    • LIC
    • JIO BlackRock

    ASSOCIATE SPONSORS

    • Sunteck
    • SBI
    • Emirates
    • Dezerv
    HomeNewsBusinessEarningsMahindra Satyam Q3 net profit up 153% at Rs 59 cr

    Mahindra Satyam Q3 net profit up 153% at Rs 59 cr

    Mahindra Satyam, a subsidiary of Mahindra & Mahindra group, has reported a consolidated net profit of Rs 58.9 crore for the quarter ended December 2010, up 153% as compared to Rs 23.3 crore in previous quarter.

    February 14, 2011 / 10:53 IST

    Mahindra Satyam, a subsidiary of Mahindra & Mahindra group, has reported a consolidated net profit of Rs 58.9 crore for the quarter ended December 2010, up 153% as compared to Rs 23.3 crore in previous quarter.

    Consolidated income from operations went up by nearly 3.% at Rs 1,279.3 crore from Rs 1,242.4 crore on quarter-on-quarter basis.

    Earning before interest, depreciation, tax and amortisation (EBIDTA) too increased by 11% to Rs 81.9 crore from Rs 73.5 crore (QoQ). EBITDA margin improved at 6.4% versus 5.9%.

    Other income too went up significantly to Rs 87.3 crore for the quarter ended December 2010, up 179% as compared to Rs 31.3 crore in previous quarter.

    first published: Feb 14, 2011 10:18 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347