Software major Satyam Computer Services today posted a 30.37 per cent decline in profit after tax at Rs 343.30 crore (Rs 3.43 billion) for the quarter ended December 31, as compared to Rs 493.08 crore (Rs 4.93 billion) for the same quarter last year.
Total income increased 5.67 per cent to Rs 1,604.60 crore (Rs 16.05 billion) during October-December 2006-07 from Rs 1,518.49 crore (Rs 15.18 billion) for the corresponding quarter a year ago, Satyam informed the Bombay Stock Exchange.
The Group posted a profit after tax and share of loss in associate company and minority interest at Rs 337.23 crore (Rs 3.37 billion) for the third quarter this fiscal, as compared to Rs 429.54 crore (Rs 4.3 billion) for the same quarter previous year.
Total income of the group increased to Rs 1,671.29 crore (Rs 16.71 billion) for the quarter ended December 31, from Rs 1514.69 crore (Rs 15.15 billion) for the corresponding quarter in the year ago period.