Satyam Computer Services rose 1.71% to Rs 476.95 at 10:52 IST on BSE after reporting net profit rise of 17.84% to Rs 468.45 crore on growth in total income of 31.45% to Rs 2337.84 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 488 and a low of Rs 473.50 so far during the day. The stock had a 52-week high of Rs 522.30 on
The company’s current equity is Rs 134.12 crore. Face value per share is Rs 2.
The current price of Rs 476.95 discounts its Q3 December 2007 EPS of Rs 26.35, by a PE multiple of 18.1.
The company’s net profit rose 20.55% to Rs 1715.74 crore on 30.95% rise in total income to Rs 8394.48 crore in FY 2008 over FY 2007.
For FY 2009, under US GAAP, revenue is expected to rise between 24.0% to 26.0% to $2.65 billion and $ 2.69 billion in FY 2009 over FY 2008. Basic earning per American depository share (ADS) is expected to rise by 15.2% - 17.6% to $ 1.44 and $ 1.47, in FY 2009 over FY 2008, Satyam said.
Under Indian GAAP consolidated revenue is expected to rise by 23.9% and 25.9% to Rs 10,500 crore and Rs 10,670 crore, in FY 2009 over FY 2008. Earning per share (EPS) is expected to rise by 17% to 19%. To Rs 29.54 to Rs 30.04, in FY 2009 over FY 2008.
The company recommended a total dividend of 175% (Rs 3.50 per share on par value of Rs 2 per share), including interim dividend of 50% (Re 1 per share on par value of Rs 2 per share) for FY 2008.
The company provides information technology services, Internet services and develops software products.
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