Mahindra Satyam has announced FY09 and FY10 results. The company's revenue was Rs 8812.6 crore (Rs 88126 million) and Rs 5481 crore (Rs 54810 million) in FY09 and FY10 respectively.
Its loss after tax was Rs 8176.8 crore (Rs 81768 million) and Rs 124.6 crore (Rs 1246 million) in FY09 and FY10 respectively.
Due to the restatement efforts and the extent of the fraud, there are certain exceptional items in the financial statements.
Exceptional items were Rs 79920 million and Rs 4169 million in FY09 and FY10 respectively.
Loss after tax adjusted for exceptional items was Rs 1848 million for FY09 and Profit after Tax was Rs 2923 million in FY10.
Cash and bank balances were Rs 21768 million as on 31st March 2010.
The loan balance as of 31st March 2010 was Rs 422 crore.
Source: moneycontrol.com
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DENIP Consultants Pvt. Ltd.
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