HomeNewsBusinessEarningsMahindra Satyam Q2 net surges 10-fold YoY to Rs 238.24 cr
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Mahindra Satyam Q2 net surges 10-fold YoY to Rs 238.24 cr

Software services provider Mahindra Satyam (erstwhile Satyam Computer Services) has reported a better than expected increase of 5.7% in its net profit of Rs 238 crore for the second quarter of FY12 as against Rs 225.2 crore in a previous quarter. This was due to the depreciation in the rupee.

November 10, 2011 / 18:09 IST
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Moneycontrol Bureau

It was hit by the biggest corporate fraud in 2009 when under founder Ramalinga Raju. Mahindra Satyam [erstwhile Satyam Computer Services] now seems to be on a clear recovery path under the new owners the Mahindras. The company
TAGS: #ads #CEO #Chairman #CP Gurnani #earnings #Mahindra Satyam Q2 #Ramalinga Raju #Results #Satyam Computer Services #Satyam scam #Tech Mahindra #Vineet Nayyar
first published: Nov 10, 2011 01:30 pm

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