Satyam Computer Services has
posted an impressive growth of 141.15 per cent in net
profit in the first quarter ending June 30, 2001, as
compared to the previous year's first three
The company recorded a jump of Rs
71.09 crores by registering a net profit of Rs 121.46
crores as against the previous year's Rs 50.37 crores.
The total income of Satyam went up
by Rs 181 crores and recorded Rs 421.02 crores as
against Rs 240.72 crores in the previous year during
the first quarter.
Income from software exports
registered a growth of Rs 171.63 crores with the
current quarter figure showing Rs 400.74 crores
against the corresponding figure of Rs 227.91 crores
during the previous quarter.
Total expenditure has gone up from
Rs 151.02 crores to Rs 262.98 crores this quarter,
while the EPS (on par value of Rs 2 per share) stood
The board of directors' meeting,
held on Wednesday, has recorded the financial results
of the first quarter during which period, the company
raised Rs 759.95 crores through American Depository
Each ADS is represented by two
equity shares and the paid-up capital was increased by
Rs 667 lakhs. The company's ADS listed on the New York
Stock Exchange on May 15 last under the symbol 'Say'.