Infosys announced an interim dividend of 25 per cent after recording a total income of Rs 218.86 crore as against Rs 107.69 crore of the previous fiscal. Infosys said that due to exchange rate fluctuation, the company's total income shot up by Rs 13.5 crore and profit before tax by Rs 5.4 crore.

On the other hand, Hyderabad-based, Satyam announced an interim dividend of 12 per cent net of tax on a turnover of Rs 170.71 crore (Rs 67.55 crore).The total income of Infosys in the second quarter was Rs 107.69 crore and the net profit Rs 23.03 crore last year, the Infosys's Chairman and Managing Director, N R Narayana Murthy said after itsboard meeting here today. The company had also recorded an impressive overseas income of Rs 214.48 crore from software developed, compared to Rs 102.93 crore last year, he said.

According to B Ramalinga Raju of Satyam Computers, the company's emphasis on technology and competency-centric initiatives combined with domain knowledge expertise has resulted in identifying and exploiting opportunities for business growth. ``I am personally very upbeat about the future,'' he said. Satyam has continued to calculate its accounts in compliance with the US GAAP requirements.

Satyam Computers has reported a net profit of Rs 18.41 crore for the second quarter of the current financial, a 113 per cent jump from Rs 8.63 crore in the corresponding period last year. Income was Rs 91.85 crore, an increase of 142 per cent from Rs 37.95 crore last year. Earnings per share was Rs 28.31, compared to Rs 13.27. Satyam Computers and its subsidiary companies have recorded a total income of Rs 101.58 crore in the quarter endedSeptember 30, up from Rs 40.96 crore in the same period last year. The company says that an additional Rs 2.58 crore (Rs 19.55 crore up to March 31, 1998 and Rs 23.21 crore till June 30) has been invested in the four subsidiaries during the quarter. These are Satyam Enterprise Solutions, Satyam Infoway, Satyam Renaissance Consulting and Satyam Spark Solutions. According to the company, it has consolidated its strengths as an end-to-end solutions provider by adding 21 customers in he first half year. Fourteen of these are on client/server and leading edge technologies which is in line with the company's strategy beyond 2000.

Now, its customer base covers 20 countries spanning four continents. Satyam, the release adds, has continued to expand its market reach by executing projects in four new countries - Australia, Norway, Sweden and Bahrain.Infosys's most of the growth has come from the company's overseas business.