Mahindra Satyam has announced its audited consolidated financial results under Indian GAAP for the third quarter ended December 31, 2012.
According to the latest report, consolidated Revenues are at Rs 1,940 crore, up 13% YoY and EBITDA is at Rs 418 crore, up 50% YoY; margin at 21.6%. as far as PAT is concerned, it is at Rs 374 crore, up 21% YoY and 35% QoQ before exceptional items and after exceptional items it is at Rs 80 crore.
The cash and cash equivalent stood at Rs 3,311 crore as of December 31, 2012.
Vineet Nayyar, Chairman, Mahindra Satyam, said, “With the settlement of the Aberdeen suit, the external litigation issues now stand concluded, freeing us to focus even more on the business-ready solutions for our customers. Revenue growth from different verticals reflects our proven capability to enable enterprises to be future ready”
CP Gurnani, CEO, Mahindra Satyam, said, “We continue to strengthen our industry and alliance partnerships and explore multiple avenues for growth, including M&As. The investments we have made to expand our capabilities, combining the strengths of Tech M and MSat, has helped us to build disruptive solutions for the Connected Enterprise of the future”.
