Mahindra Satyam has posted their fourth quarter results. The company posted a net loss of Rs 327 crore quarter-on-quarter (QoQ) against a net profit of Rs 58.9 crore, despite higher net sales and operating margins. The company attributed the net loss to one-time exceptional charges to settle back-dated litigation.
Phani Sekhar, Fund Manager, Angel Broking, in an interview on CNBC-TV18 spoke about his reading of the companyDiscover 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!
