India's Satyam Computer Q3 profit before one-off loss tops estimates

Newswire

BANGALORE, Jan 31 (Reuters) - India's Satyam Computer Services Ltd handily beat expectations with a 20.6 percent rise in third-quarter profit before a one-off loss, joining larger rivals like Infosys in signalling a pickup in outsourcing spend. The company, now called Mahindra Satyam, is in the last lap of a merger with parent Tech Mahindra Ltd. Profits for the December quarter rose to 3.74 billion rupees ($70.3 million) from 3.10 billion rupees a year earlier, the company ...

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