Mahindra Satyam (NYSE: SAY) is a leading global business and information technology services company that leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business process quality, engineering and product lifecycle management, and infrastructure services, among other key capabilities. Mahindra Satyam is part of the $7.1 billion Mahindra Group, a global industrial federation of companies and one of the top 10 industrial firms based in India. The Group’s interests span financial services, automotive products, trade, retail and logistics, information technology and infrastructure development.
The company has published its financials for the period from Apr 1st 2002 to Sep 30th 2008.
The key financial numbers are as below:
- Revenue was Rs 88126 m and Rs 54810 m in FY 09 and FY 10 respectively
- Loss after tax was Rs 81768 m and Rs 1246 m in FY 09 and FY 10 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 m and Rs 4169 m in FY 09 and FY 10 respectively.
- Loss after tax adjusted for exceptional items was Rs 1,848 m for FY 09 and Profit after Tax was Rs 2923 m in FY 10.
- Cash and bank balances were Rs 21768 m as on 31st March 2010.
- The loan balance as of 31st March 2010 was Rs 42 crores.
http://www.mahindrasatyam.com/media/pr7Sept10.asp