Satyam Q4 net seen up 12.6% to Rs 488.1 cr

[Sukumar]

Satyam Computer Services is to declare its Q4FY08 results. According
to CNBC-TV18 estimates, it is expected to post 12.6% growth in its Q4
net profit of Rs 488.1 crore as against Rs 433.6 crore in previous
quarter. Revenues are seen going up 7.2% to Rs 2353.2 crore versus Rs
2195.6 crore. (Indian GAAP)

Company Q4 Guidance was

Revenue growth of Rs 5.3%-5.8% to Rs 2311.9 crore – 2322.9 crore
EPS of Rs 7.23 for FY08, the company is likely to post 29.7% growth in
its revenues of Rs 8410.7 crore as against Rs 6485.1 crore in FY07 and
21.7% growth in net profit of Rs 1709.2 crore versus Rs 1404.7 crore.

Company FY08 Guidance was

Revenue growth of 29-29.2% to Rs 8365.6-8378.6 crore
EPS of Rs 25.50 (growth of 18.90%)

Factors to watch

Strong topline growth; margin improvement led by subsidiaries & better
realisations
Could see forex loss of Rs 15 cr
Watch out for

Street expectations: FY09 revenue guidance of 22-25% & EPS guidance of
19-21% (Rs 30.5 –31)
Likely to guide better than Infosys (19-21%)
Would be betting on a lesser wage inflation & moderation of tax payout



Source : Rediff Finance