Mahindra Satyam, a subsidiary of Mahindra & Mahindra group, has reported a consolidated net profit of Rs 58.9 crore for the quarter ended December 2010, up 153%as compared to Rs 23.3 crore in previous quarter.
Consolidated income from operations went up by nearly 3.% at Rs 1,279.3 crore from Rs 1,242.4 crore on quarter-on-quarter basis.
Earning before interest, depreciation, tax and amortisation (EBIDTA) too increased by 11% to Rs 81.9 crore from Rs 73.5 crore (QoQ). EBITDA margin improved at 6.4% versus 5.9%.
Other income too went up significantly to Rs 87.3 crore for the quarter ended December 2010, up 179% as compared to Rs 31.3 crore in previous quarter.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
No comments:
Post a Comment