Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Stock Report

| More

Sonata Software - Consolidated Q3 FY18 PAT at Rs.64 Crores

Posted On: 2019-02-09 13:19:24

Sonata Software, a global IT services and technology solutions company, today reported its unaudited financial results for its 3rd quarter ended and nine months ended 31st December 2018.

Performance Highlights for the quarter:


- Revenues at Rs.844 Crores : growth of 42% QoQ;
- EBITDA at Rs.95 Crores : growth of 5% QoQ;
- PAT at Rs.64 Crores : growth of 3% QoQ;
- Cash and equivalents of approximately Rs.341 Crores (net of borrowings).

International IT Services:

- Revenues at Rs.284 crores; growth of 3% QoQ;
- EBITDA at Rs.76 Crores : growth of 3% QoQ;
- PAT at Rs.52 Crores : growth of 2% QoQ;
- Addition of 9 new customers.

Domestic Products & Services :

- Revenues at Rs.563 crores : growth of 73% QoQ;
- EBITDA at Rs.20 Crores : growth of 10% QoQ;
- PAT at Rs.12 Crores : growth of 9% QoQ;

Speaking on the results Mr. Srikar Reddy, Managing Director & CEO of the Company said - We continue to execute on our strategy to be a digital transformation partner through our unique Platformation™ methodology. In line with this strategy we made two acquisitions last quarter - Scalable Data Systems and Sopris Systems - both will strengthen our position as a strong Dynamics 365 partner globally.

Our investments in our IP, Brick and Click, Modern Distribution, Halosys and Rezopia and new technologies like RPA, AI, ML, and Platform Engineering for the Cloud, continue to differentiate us in our core verticals of Retail, Travel, CPG, Distribution and ISVs.

Shares of SONATA SOFTWARE LTD. was last trading in BSE at Rs.331 as compared to the previous close of Rs. 329.55. The total number of shares traded during the day was 23212 in over 988 trades.

The stock hit an intraday high of Rs. 336 and intraday low of 326. The net turnover during the day was Rs. 7703004.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Mahindra Finance and Ideal Finance form NBFI Joint Venture in Sri Lanka

ICRA A1+ assigned to Transport Corporation of India Ltd's CPs

Goldiam International Ltd receives export orders of Rs. 100 crore

Dr. Reddy's Laboratories announces the launch of Vigabatrin Powder for Oral Solution, USP in the U.S. Market

TVS Srichakra Limited announces launch of its brand 'TVS Eurogrip'

Wipro collaborates with IISc for advanced research and innovation in autonomous systems, robotics and 5G

Maruti Suzuki offers 5-year, 1-lakh km warranty for a delightful car owning experience

Opto Circuits India Ltd consolidated Q1 PAT at Rs. 10.79 crores

Industrial Investment Trust Ltd reports net profit of Rs. 7.17 crores in Q1

Moody's downgrades Indiabulls Housing Finance ratings; change the outlook to negative

LT Foods Ltd updates on consolidation of International Business

K.P.I. Global Infrastructure Ltd shifts PPA from IPP to CPP category

Sastasundar Ventures Ltd announces resignation of Director

L&T Technology Services launches unique incentive-based waste management program in DUMAD village near Vadodara

BWR BBB rating assigned to Baid Leasing and Finance Co. Ltd.

Federal Bank Launches Quick Car Loan Services - 19th August 2019

Jupiter Infomedia launches India's first Listed SME Focused News Portal -

Airtel appoints Rajesh Tapadia as CEO of Nxtra Data

Bajaj Finserv announces Fixed Deposits for NRI

INEOS Styrolution India Ltd appoints merchant banker to do due diligence for voluntary delisting

Modex International Securities Limited fixes Sep 7, 2019 as record date

Nestle India Ltd launches world's no. 1 cocoa-malt beverage - MILO in India

KEC International secures orders of Rs. 845 crore in the Railway Infrastructure sector

INOX Leisure Ltd discontinues operations at Poonam Mall, Nagpur

Mindtree Named U.K Market Leader in SAP HANA® and Leonardo Services by ISG

McDonald's inaugurates its First Restaurant in Nagpur

Dr. Reddy's Laboratories announces the launch of Versavo® (bevacizumab biosimilar) in India

L&T allots NCDs of Rs. 1400 crore

Earum Pharmaceuticals Ltd to launch new range in Dermacare Product

Pennar Industries bags orders worth INR 538 crore

Modex International Securities Ltd Board recommends Bonus Issue

Glenmark receives approval for combination of Remogliflozin Etabonate and Metformin Hydrochloride for adults with type 2 diabetes in India

Operations disrupted at Hitech Corporation Ltd's Baddi unit

Allen Solly launches its First Ever Jeans campaign

MoU signed between HCL and Maharashtra Airport Development Company for expansion of MIHAN campus

INOX Leisure Ltd opens 3 screens multiplex at Umrao Mall, Lucknow

Tech Mahindra Ltd divests 73.38% stake in FixStream Networks Ine., USA

Ajmera Realty and Infra India Ltd awarded Developer of the Year - Residential category award

CARE reaffirms ratings of Chaman Lal Setia Exports Ltd

Hon'ble NCLAT upholds the Resolution Plan of MBL Infra

Avana's Water Conservation Solution Becomes Best CSR Idea Of The Year

Coffee Day Enterprises Ltd update On Debt Position

Mahindra inaugurates its 1st automotive assembly plant in Sri Lanka, expands global footprint

TVS Motor Singapore invests US$ 3.2 Million in Predictronics Corporation

NACL Industries Ltd reports financial results for Q1 FY20

Precision Camshafts Limited - Q1 FY2020 results

SREI Equipment Finance Ltd's NCD issue opens on Aug 16, 2019

Transform Banking with Newgen at FIBAC 2019

Hero MotoCorp surpasses milestone of 1000 women employees

Sun Pharma and China Medical System Holdings Enter into Licensing Agreement for Generic Products in Mainland China

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019