Satyam, Wipro announces positive Quarterly Results

April 20th, 2007

Top IT Indian Companies Satyam Computer Services Limited and Wirpo announced their Quarterly results today. Like its peers Infosys and TCS that have announced their results last week, the two companies announced a good positive quarter. The guidance also looks reasonable giving a sense that the long term Indian IT advantage is still in tact.

Market analysts say that the rupee appreciation added to the volatility in money market has a big role to play and that this will impact the earnings of IT companies a bit.

Entry Filed under: Equities, IT & ITes, Q4 2006-07

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