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Article: Satyam Posts Encouraging Q2 Results-Net Profit Up 100.29; Strong customer relationship and enhanced competencies drive growth.
- Article from:
- PR Newswire
- Article date:
- October 24, 2001
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Copyright informationCOPYRIGHT 2001 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HYDERABAD, India, Oct. 24 /PRNewswire/ --
The audited results of Satyam Computer Services Ltd. (NYSE: SAY; BSE: SCS) for the second quarter ended September 30, 2001 (Q2) of the financial year 2001-2002 (fiscal 2002) were approved in the Board meeting held today. Total income was Rs.453.50 crore ($ 95.92 million), a 59.73 increase over the income of the corresponding quarter of previous fiscal year; Net Profit increased 100.29 to Rs. 134.08 crore ($ 28.35 million).
Total income and net profit for Q2 have recorded a sequential increase of 7.71 and 10.39 respectively. The earning per share (EPS) was Rs. 4.26, on par value of Rs.2 per share, an increase of ...
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