z, seitdem ging Indien glaub ich runter.Den Bericht vom 30.Juni wirst Du ja kennen,klang recht gutFand ich www.satyam.com über biz.indiainfo.com irgendwie kam ich an die Börsendaten rechts nicht ran.Vielleicht schaffst Du´s Business Highlights:
Turnover increased by 76% and net profit by 95% as compared to corresponding quarter of FY 1999-00
Strategic Relationship with TRW for IT services for the global auto sector
Alliance with Microsoft to provide solutions utilizing Windows DNA 2000 technology
Sale of 1.6% Stake in Satyam Infoway to GSIC - Proceeds to be utilised for repayment of debt.
Analysis of Results
The audited results for the quarter ended June 30th, 2000, were approved in the Board meeting held earlier today. The total revenues are Rs 24072.48 lakh ($ 54.56 m) as against Rs.13680.99 Lakh ($31.91 m) for the consolidated entity in the corresponding quarter of last year, representing an increase of 75.96%. The net profit after tax stands at Rs 5036.79 lakh ($ 11.42 m) which is 94.90% higher than the net profit of Rs.2584.31 lakh ($6.03 m) in the corresponding period of last year. The earnings per share on an annualised basis is Rs. 35.82.
The company has realised Rs. 17012.53 lakh net of transaction costs and tax through the sale of 347,200 equity shares of Satyam Infoway Ltd. to the Government of Singapore Investment Corporation Pte. Ltd. The same has been reflected as Extraordinary Income in the accounts.
For the current quarter, on account of fluctuations in the currency exchange rates with reference to those prevalent on March 31, 2000, the total income increased by Rs. 809 lakh and profit before tax by Rs. 705 lakh.
Review of Annual Operations
The quarter's performance has been enhanced by the several key strategic relationships with global partners that were developed during the last few months.
With TRW Inc., a $ 17 billion leader in automotive and defense products, Satyam has signed an agreement to set up an joint venture to provide information systems and engineering services to TRW and other global auto sector companies. TRW will outsource to the joint venture at least $200 million of projects over a sixty-seven month period. The scope of outsourcing includes enterprise application integration, supply chain management, information systems, e-business applications, and engineering services. Managed and run by Satyam, the joint venture will have an initial paid-up capital of $1 million. Satyam will own a 76 percent majority equity interest in the venture with TRW's equity interest at 24 percent.
Another key alliance is with Microsoft for implementing Windows DNA 2000 technology for the US Federal sector. Under this agreement Satyam will provide web and enterprise application integration solutions for Federal agencies. Satyam has also announced a strategic alliance with SAS Inc. to provide data warehousing applications. The company has initiated a partnership with SUN Microsystems to build iPlanet competency.
Satyam has also moved quickly in strengthening its solution capabilities in the Enterprise Application Integration area by building relationships with Vignette and Exterpise. Vignette is a leading provider of customer-centric e-business applications for building high-volume online transaction exchanges and related businesses. With products like ActiveMarket, Exterprise is a rapidly growing provider of collaboration platform software for e-markets. Together with its existing relationship with Intershop, Satyam has put together an integrated methodology to speed up deployment of e-business solutions for customers worldwide.
The mix of projects shows a growing trend towards technology-intensive solutions. E-business projects have grown from 17.4% during the last FY to 25.3% in Q1. ERP projects contributed 4.8% (9.5% in last FY), while telecom solution provided 6.3% (8.2% in last FY) of current quarter revenues. Legacy application provided 21.3% (same as last FY) while client server projects increased from 28.8% to 33.2%. Engineering services contributed 9.1% (8.7% in last FY). Repeat business from existing customers was 86.3% compared to 69.7% during last FY.
A total of 21 new customers were added during the quarter, including Microsoft, Hewlett Packard, TRW. Lucent, and Origin. Proportion of business increased from N America - 80.71% (77% in last FY) and from Europe - 8.67% (7% in last FY) and reduced moderately from Asia/M East - 7.10% (8%). The economic slowdown in Japan contributed in the decline of its share in revenues to 3.52% (9%).
During the quarter, Satyam has bagged a number of projects that showcase its growing technical strengths in architecting and designing complex solutions for the Internet space - for both traditional companies and new economy customers.
For instance, Satyam is developing Asia's first comprehensive end-to-end solutions vertical portal for industrial products like steel. This full life-cycle project includes designing and building a high-end network and web infrastructure for the Singapore-based customer. For a US customer, Satyam is developing a B2B digital marketplace solution that automates buying and selling between businesses, and also integrate the transaction data into their existing ERP systems. A reverse auction solution is being developed to enable other B2B sites to auction their excess stock on this site.
Satyam is developing web-based insurance solutions for the Japanese market, online insurance quotation and liability rating systems for yet another insurance company, besides several online applications for an auto financial services corporation. For one of the largest service operators in Asia Pacific, Satyam is building an Internet Trading Engine to facilitate trading in FOREX, securities, and futures/options on a turnkey basis.
Sale of 1.6% stake in Satyam Infoway to Government of Singapore Investment Corporation
The company has received full payment against the sale of 1.6 % stake of local shares of Satyam Infoway Limited to the Government of Singapore Investment Corporation Pte. Ltd. ("GSIC"). The agreed share price at the time of the transaction was $144 per equity share ($36 per ADS equivalent). The Pre-Tax realization from the sale of this nominal stake amounts to US$ 49.3 million and have been used towards repayment of part of its outstanding debt. The company continues to own 54.7% of SIFY's outstanding equity.
For the quarter ended June 30th, 2000, these funds have been reflected as Extraordinary Income in the accounts.
Human Resource Development
The total manpower strength increased by 642 associates to 5709 associates as on June 30th, 2000 as against 5067 associates as on March 31, 2000. The number of technical employees stands at 5081 for the company (4445 associates as on March 31,2000).
In addition, there are 795 associates (622 as on March 31, 2000) working with Satyam Infoway as on June 30th, 2000. There are 197 engineers (188 engineers as on March 31, 2000) and 75 engineers currently employed with Satyam GE Software Services Ltd. and Satyam Venture Engineering Services Pvt. Ltd, respectively.
In order to prepare its associates to adapt to the new economy paradigms and the fast changing global technology landscape, the company initiated the COGO learning program. With emphasis on becoming customer-centric and acquiring market-driven competencies, the program covered more than two-thirds of the entire work force. This is a continuing learning initiative and is managed by a faculty comprising well known professors from leading US universities,
Satyam Infoway Ltd. (Infoway)
The Company has posted a revenue growth of 298% during the period under review. The revenue of the company has increased to Rs 321.7 Million from Rs 80.8 Million for the corresponding period in the previous year. Net Loss for the quarter was Rs. 178.3 million.
The company has during the quarter ended 30th June 2000 expanded its base by launching Internet Services in various parts of the country. The Company has posted a subscriber growth rate of 223% over the quarter ended 30th June 1999. Presently, your company offers Internet services at 44 locations, covering more than 220 cities throughout the country and has more than 200,000 Internet subscribers.
The company's portal www.SatyamOnline.com recorded 80 million page views per month in June 2000 (including the various channels of www.indiaworld.co.in) as against 6 million page views in June 1999.
Strategic investment in Cricinfo Ltd., UK
The Company has announced its acquisition of a stake in and strategic partnership with Cricinfo Limited, London, owners of www.cricinfo.com, the most popular cricket site in the world which currently generates up to 95 million page views per month. Under the deal, the Company would acquire 25% stake in Cricinfo Limited by issuing $ 37.5 m worth of ADRs in an all stock deal. $21.5 m would go to an existing seed investor selling equity stake to your Company while $16.0 m would go into Cricinfo Limited towards subscription of fresh equity. Under the strategic partnership www.cricinfo.com's India-centric site would reside in the Company's under a revenue sharing arrangement. The Company would get 20% of the top line revenue (15% for first two years) from advertising and a 30% share in the net earnings from e-commerce from India and from overseas Indians in www.cricinfo.com.
