SONATA SOFTWARE LTD. - 532221 - Investor Conference/Meet
Investor Conference/Meet07-02-2024
Sonata Software says Q3 loss linked to additional payouts for acquired company
Sees green shoots in its largest vertical high-tech and is expecting the effect of deal ramp-ups to reflect in the first quarterSONATA SOFTWARE LTD. - 532221 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of the Earnings call held on 1st February, 2024SONATA SOFTWARE LTD. - 532221 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper PublicationSonata Software Q3 Results Review - Quant Acquisition, AI Key Growth Drivers: IDBI Capital
We expect Sonata's overall margins to improve from 9.1% in FY24E to 9.6% and 9.9% in FY25E and FY26E mainly led by improvement in services revenues led by higher IP revenues from quantSONATA SOFTWARE LTD. - 532221 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording of the Analyst/Investor call held on 01.02.2024Sonata Software Results Earnings Call for Q3FY24
Conference Call with Sonata Software Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.SONATA SOFTWARE LTD. - 532221 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for the quarter and nine months ended 31st December, 2023.Q3FY24 Quarterly Result Announced for Sonata Software Ltd.
IT Consulting & Software company Sonata Software announced Q3FY24 results: Consolidated: Revenues reached Rs 2,493.4 crore with a QoQ growth of 30%. EBITDA amounted to Rs 227.2 crore, exhibiting a QoQ growth of 3%. PAT before exceptional items stood at Rs 128.5 crore, reflecting a QoQ growth of 3%. Net Cash and equivalents totaled approximately Rs 228 crore (net of borrowings). International IT Services: Revenues achieved Rs 696.8 crore, demonstrating a QoQ growth of 4%. Revenue in USD amounted to 83.7 million, with QoQ revenue growth of 3.5% and YoY growth of 38.3% in USD terms. EBITDA reached Rs 168.5 crore, indicating a QoQ growth of 2%. PAT before exceptional items stood at Rs 85.9 crore, reflecting a QoQ growth of 3%. DSO at 45 days (Q2FY24: 45 days). 13 New Customers were added during the quarter. The overall strategy focuses on delivering outcome-based Modernization services using Domain-Led and technology-based Modernization anchored by GTMs executed through Platformation™. Strong growth is seen in digital-based competencies such as Managed cloud services and Digital Platformation™ Services (Microsoft & Open source) and focused verticals like TMT, Healthcare & Life Sciences, Manufacturing, Retail / CPG/ TTH, BFSI, and Emerging. The pipeline remains healthy and strong, marked by multiple new digital wins from existing and new customers. Domestic Products & Services: Revenues reached Rs 18,00.3 crore, showing a QoQ growth of 45%. Gross contribution at Rs 71.3 crore grew by 25.8% YoY. EBITDA amounted to Rs 59.2 crore, demonstrating a QoQ growth of 5%. PAT reached Rs 42.6 crore, indicating a QoQ growth of 5%. DSO at 36 days (Q2FY24: 35 days). Speaking on the results Sujit Mohanty, MD & CEO of Sonata Information Technology said, "We had one of our best quarter’s performances delivered in our Domestic Business during the quarter. Our Gross Contribution grew by 14.2 % QoQ and 25.8 % YoY. Our Q3 PAT grew by 17.4% YoY. We had fruitful engagements with our existing customers through targeted GTMs which helped us expand our business from our existing customer base." Result PDFSONATA SOFTWARE LTD. - 532221 - Financial Results For The Quarter And Nine Months Ended 31St December, 2023
Financial Results for the quarter and nine months ended 31st December, 2023