Mahindra Satyam (formerly Satyam Computer) today announced the consolidated results for the year ended March 2010 after a gap of two years.

For the year ended March 31, 2010, Mahindra Satyam reported a net loss of Rs. 124.60 crore and net sales of Rs. 5481 crore.

It is far better compared to its previous year results in which company reported a net loss of 8,176.8 crore and a net sale of 8,812.6 crore after Satyam Computer?s founder B Ramalinga Raju admitted to multi-crore rupee scam.

Also merger between Tech Mahindra and Mahindra Satyam is expected after getting the necessary approvals.