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India's Satyam Computer FY net up 39.8 pct
MIL/Agencies, Apr 20, 2007.


Mumbai, April 20, 2007 -  India's Satyam Computer Services Ltd is reported to have posted a 39.8 pct jump in full-year net profit on strong sales growth.

India's fourth-largest software services company reported a full-year net profit of 298 mln usd, while full-year sales grew 33.3 pct to 1.46 bln usd. The earnings per ADS was 0.91 usd, up 37.4 pct as per Thomson Financial.

Chairman B Ramalinga Raju, said: 'The strong performance is a culmination of strategic initiatives taken by the company on several fronts notably in the areas of relationship management, deepening of competencies and associate delight.

Satyam said it added 138 customers in the period, including seven Fortune 500 customers.  sourav.mishra@thomson.com; rouhan.sharma@thomson.com



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