SONATA SOFTWARE LTD. - 532221 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of Un-audited Financial Results for the quarter and half year ended 30th September, 2023.26-10-2023
26-10-2023
Sonata Software Q2 net up 10% at 124 crore
Revenue from operations stood at 1,912.6 crore25-10-2023
SONATA SOFTWARE LTD. - 532221 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio link for Q2 FY 23-24 earnings call held on 25th October 202325-10-2023
Sonata Software Results Earnings Call for Q2FY24
Conference Call with Sonata Software Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.25-10-2023
Q2FY24 Quarterly Result Announced for Sonata Software Ltd.
IT Consulting & Software company Sonata Software announced Q2FY24 results: Consolidated Q2FY24: Revenues: Rs 1,912.6 crore; YoY growth of 28% EBITDA: Rs 220.5 crore; YoY growth of 33% PAT: Rs 124.2 crore; YoY growth of 10% Net Cash and equivalents of approximately Rs 267 crore (net of borrowings). DSO improved to 40 days (Q1FY24: 41 days). International IT Services: Revenues: Rs 670.0 crore; YoY growth of 46% Revenue in USD at USD 80.9 million, QoQ revenue growth of 4.6% & YoY growth of 40.0% in USD terms. EBITDA: Rs 165.0 crore; YoY growth of 38% PAT: Rs 83.7 crore; YoY growth of 7% DSO improved to 45 days (Q1FY24: 46 days) Four New customers were added during the quarter. Strategy focuses on delivering outcome-based Modernization services using Domain-Led and technology-based Modernization anchored by GTMs executed through PlatformationTM. Strong growth from digital-based competencies like Managed cloud services and digital platformationTM Services (Microsoft & Open source) and focused verticals like TMT, Healthcare & Life Sciences, Manufacturing, Retail / CPG/ TTH, BFSI, and Emerging. Healthy and strong pipeline with multiple new digital wins from existing and new customers. Domestic Products & Services: Revenues: Rs 1,244.0 crore; YoY growth of 20% Gross contribution: Rs 62.4 crore, grew by 16.5% YoY. EBITDA: Rs 56.4 crore; YoY growth of 20% PAT: Rs 40.5 crore; YoY growth of 19% DSO improved to 35 days (Q1FY24: 36 days) Speaking on the quarterly results Samir Dhir, MD & CEO of the Company said, “We are proud and excited to deliver yet another quarter of Industry-leading growth, despite the macro geopolitical issues, economic challenges, and slowdown in tech-spending. Our International services Revenue in USD terms grew 4.6% QoQ. Consolidated PAT for Q2FY24 grew 3.4% QoQ. We won our first multi-year AI-enabled business transformation large deal – powered by Sonata’s Harmoni.AI.” Speaking on the results Sujit Mohanty, MD & CEO of Sonata Information Technology said, "Our domestic products division delivered a good performance during this quarter. Our Gross Contribution grew by 1% QoQ and 16.5% YoY. Our Q2 PAT grew by 19% YoY. We successfully renewed all our large multiyear software contracts with our key customers. We will continue focusing on our Multi-Cloud Management offerings and System Integration business to drive future growth." Result PDF25-10-2023
SONATA SOFTWARE LTD. - 532221 - Announcement under Regulation 30 (LODR)-Dividend Updates
The Board at its meeting held today i.e. 25th October 2023 have delcared an interim dividend of Rs. 7/- per share for the FY 2023-24.25-10-2023
SONATA SOFTWARE LTD. - 532221 - Corporate Action-Board recommends Bonus Issue
The Board at its meeting held today i.e. on 25th October, 2023 has approved Bonus Issue in the ratio 1:125-10-2023
SONATA SOFTWARE LTD. - 532221 - Record Date For The Purpose Of Payment Of Interim Dividend
The Board at its meeting held today i.e. 25th October 2023 has fixed Tuesday, 7th November, 2023 for the purpose of payment of Interim Dividend.25-10-2023
SONATA SOFTWARE LTD. - 532221 - Corporate Action-Board approves Dividend
The Board at its meeting held today i.e. 25th October 2023 have declared an interim dividend of Rs. 7 per share for the FY 2023-2425-10-2023
SONATA SOFTWARE LTD. - 532221 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for the quarter and half year ended 30th September 202325-10-2023