Satyam Computer Services Limited reported audited consolidated and standalone earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, on consolidated basis, reported total income from operations of INR 19,357.3 million compared to INR 16,658.4 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 3,279.5 million compared to INR 2,500.2 million a year ago. Profit from ordinary activities before tax was INR 5,302.0 million compared to INR 4,295.6 million a year ago. Net profit from ordinary activities after tax was INR 4,553.2 million or INR 3.85 diluted per share compared to INR 5,238.1 million or INR 4.53 diluted per share a year ago. EBITDA was INR 3,890 million compared to INR 2,920 million a year ago. Profit before tax was INR 6,300 million compared to INR 4,300 million a year ago. Profit after tax was INR 4,540 million compared to INR 5,340 million a year ago. For the year, on consolidated basis, reported total income from operations of INR 76,934.8 million compared to INR 63,955.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 14,429.0 million compared to INR 8,662.7 million a year ago. Profit from ordinary activities before tax was INR 15,871.1 million compared to INR 13,827.7 million a year ago. Net profit from ordinary activities after tax was INR 11,747.9 million or INR 9.87 diluted per share compared to INR 12,976.2 million or INR 11.08 diluted per share a year ago. EBITDA was INR 16,320 million compared to INR 10,240 million a year ago. Profit before tax was INR 15,870 million compared to INR 13,830 million a year ago. Profit after tax was INR 11,640 million compared to INR 13,060 million a year ago. Operational cash was INR 4,980 million compared to INR 5,860 million a year ago. Capital expenditure was INR 1,220 million compared to INR 140 million a year ago. For the quarter, on standalone basis, reported total income from operations of INR 17,874.8 million compared to INR 15,505.4 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2,933.8 million compared to INR 2,354.2 million a year ago. Profit from ordinary activities before tax was INR 3,654.8 million compared to INR 3,302.0 million a year ago. Net profit from ordinary activities after tax was INR 2,666.7 million or INR 2.25 diluted per share compared to INR 4,466.9 million or INR 3.79 basic and diluted per share a year ago. For the year, on standalone basis, reported total income from operations of INR 70,888.5 million compared to INR 59,642.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 13,177.5 million compared to INR 8,259.3 million a year ago. Profit from ordinary activities before tax was INR 13,270.8 million compared to INR 12,567.1 million a year ago. Net profit from ordinary activities after tax was INR 9,018.8 million or INR 7.64 diluted per share compared to INR 12,028.0 million or INR 10.21 diluted per share a year ago.

Satyam Computer Services Limited announced that the Board of Directors of the company at its meeting held on May 16, 2013, has recommended a dividend of INR 0.60 (30%) per equity share of INR 2 each for the financial year 2012-13, for approval of members of the company at the forthcoming Annual General Meeting scheduled to be held on July 31, 2013. The payout date is fixed as August 12, 2013.

Satyam Computer Services Limited, 2013 Earnings Call, May 16, 2013