Mahindra Satyam (Satyam) announced its consolidated Q4 FY2012:: Microsec Research

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Mahindra Satyam (Satyam) announced its consolidated Q4 FY2012 and FY2012 results on 17 May 2012. A glimpse of the same is reflected below:

The company’s top line decreased q-o-q by 3.0% to `1,665.8 Crores while its bottom line expanded 73.2% sequentially to `534.2 Crores in Q4 FY2012. Although the bottom line, containing exceptional gain of `109.4 Crores and tax reversal of `94.3 Crores, barring these factors as well, Satyam was able to report incremental net income during the quarter. Led by strong numbers during the quarter, the stock may witness buying interest in the near term.

Regards,

Team Microsec Research