Satyam Computer Services, reeling under the impact of India’s largest corporate scandal, managed to bag new business orders worth $380 million (around Rs 1,800 crore), as on March 26, 2009. These deals have come from 215 of its existing clients, the company said in a filing to the Bombay Stock Exchange (BSE).

Meanwhile, the company lost 66 clients, worth $183 million (around Rs 900 crore) in the same period — either because contracts were terminated, or they expired, or were withdrawn.

About 23 customers terminated contracts accounting for $70 million as on March 26, 2009. Moreover, another 24 customers withdrew purchase orders to the tune of $91 million spread over a period of 12 months. However, analysts said the company has been losing clients post-March as a lot of executives from the top management exited the company.

“Some of the top management people who have left must have taken some client accounts with them,” said an analyst tracking Satyam.

While both the new owner of Satyam — Tech Mahindra — as well as the board of directors have stated that the company has an excess bench of over 10,000, over 2,340 employees left the company in January-February months. In the month of February alone, over 1,600 associates left the company.