::::Mahindra Satyam posts Rs 534.21 cr profit for Q4::::

<div class=&quot;custm_img_blk&quot;><img src=&quot;http://www.techgig.com/files/photo_1337276889_temp.jpg&quot; border=&quot;0&quot; align=&quot;left&quot; /></div><span style=&quot;text-align: left&quot;>&nbsp;</span><span style=&quot;text-align: left&quot;>IT firm</span><span style=&quot;text-align: left&quot;>&nbsp;</span><span style=&quot;text-align: left&quot;>Mahindra Satyam</span><span style=&quot;text-align: left&quot;>&nbsp;on Thursday reported a&nbsp;</span><span style=&quot;text-align: left&quot;>net profit</span><span style=&quot;text-align: left&quot;>&nbsp;of Rs 534.21 crore for the fourth quarter ended March 31, 2012.&nbsp;</span><br /><br /><span style=&quot;text-align: left&quot;>The city-based company had posted a net loss of Rs 327 crore in the January-March period of 2011.&nbsp;</span><br /><br /><span style=&quot;text-align: left&quot;>The company's income from operations during the quarter stood at Rs 1,666 crore as compared to Rs 1,375 crore for the same period last fiscal.&nbsp;</span><br /><br /><span style=&quot;text-align: left&quot;>For the full year ended March 31, 2012, Mahindra Satyam has registered a net profit of Rs 1,306 crore as against a loss of Rs 1,472 crore in 2010-11.&nbsp;</span><br /><br /><span style=&quot;text-align: left&quot;>The company's total headcount as on March 31, stood at 33,353, making a net addition of 4,087 year-on year.&nbsp;</span><br /><br /><span style=&quot;text-align: left&quot;>The&nbsp;</span><span style=&quot;text-align: left&quot;>attrition</span><span style=&quot;text-align: left&quot;>&nbsp;level improved to 15 per cent in the January-March quarter, 2012 as compared to 22 per cent in the corresponding period last fiscal.&nbsp;</span><br /><br /><span style=&quot;text-align: left&quot;>&quot;We continued to make steady progress in our transformation journey. Our results in the past three years and the current quarter are a vindication of our growth strategy and fighting spirit of the team Mahindra Satyam despite uncertainties in the global market,&quot; Mahindra Satyam Chairman&nbsp;</span><span style=&quot;text-align: left&quot;>Vineet Nayyar</span><span style=&quot;text-align: left&quot;>&nbsp;said.&nbsp;</span><br /><br /><span style=&quot;text-align: left&quot;>&quot;Our team has proved its mettle to sustain volume growth, improve margin , key client addition and creation of innovative platform...,&quot; he added.</span>

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