Sonata Software Ltd

Sonata Software announced that Balaji Kumar, Chief Human Resources Officer of the Company, has tendered his resignation and his last working day will be 27 May 2025. Powered by Capital Market - Live

Revenue from operations fell 7.94% QoQ to Rs 2,617.20 crore during the quarter ended 31st March 2025. On year on year basis, the company's revenue jumped 19.42% while PAT declined 2.56% in Q4 FY25. Profit before tax stood at Rs 150.75 crore in Q4 FY25, up 10.18% QoQ and 4.99% YoY. During the quarter EBITDA jumped 6% QoQ to Rs 172.7 crore. EBITDA margin expand to 6.6% in Q4 FY25 as against 5.8% in Q3 FY25. In International IT Services segment, revenues for Q4 FY25 stood at Rs 702.3 crore, QoQ de-growth of 4%. Revenue for Q4 FY25 in USD were at 81.3 million, QoQ decline of 6.6%. In Domestic Products & Services segment, gross contribution for Q3'25 were at Rs 78.4 crore, declining 4.4% QoQ. Revenues for Q4 FY25 stood at Rs 1,918.2 crore, QoQ de-growth of 9.1%. Samir Dhir, MD & CEO of Sonata Software, said, 'In Q4, we delivered a QoQ 1.9% improvement in EBITDA. Over FY'25, we secured 11 large deals, including two in the fourth quarter. Our Healthcare and BFSI verticals have grown significantly, scaling from 13% to 35% of our business over the past three years'reflecting the success of our diversification strategy. We remain confident in Sonata's long-term vision and growth trajectory, as clients increasingly embrace modernization to gain competitive advantage.' Sujit Mohanty, MD & CEO of Sonata Information Technology, said, 'This quarter, we made steady progress by renewing several key client contracts'many at enhanced values'despite sectoral headwinds. Our continued focus on cloud-led transformation drove improved year-on-year gross contribution and helped us onboard new customers.' Meanwhile, the company's recommended a final dividend of Rs 4.40 per equity share for FY25, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). It approved by shareholders the dividend will be paid within 30 days from the date of ensuing AGM. Headquartered in Bengaluru, India, Sonata Software has a strong global presence, including key regions North America, UK, Europe, APAC, and ANZ. It is one of the fastest growing IT Services companies and a trusted partner of Fortune 500 companies in banking, financial services and insurance (BFSI), healthcare and lifesciences (HLS), telecom, media, and technology (TMT), and retail, manufacturing and distribution (RMD) space.Powered by Capital Market - Live

Net profit of Sonata Software declined 2.56% to Rs 107.53 crore in the quarter ended March 2025 as against Rs 110.36 crore during the previous quarter ended March 2024. Sales rose 19.42% to Rs 2617.20 crore in the quarter ended March 2025 as against Rs 2191.61 crore during the previous quarter ended March 2024. For the full year,net profit rose 37.66% to Rs 424.67 crore in the year ended March 2025 as against Rs 308.50 crore during the previous year ended March 2024. Sales rose 17.93% to Rs 10157.25 crore in the year ended March 2025 as against Rs 8613.06 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales2617.202191.61 19 10157.258613.06 18 OPM %6.606.58 -6.798.45 - PBDT173.78177.25 -2 695.15767.97 -9 PBT150.75143.58 5 573.66636.04 -10 NP107.53110.36 -3 424.67308.50 38 Powered by Capital Market - Live

Sonata Software announced that the Board of Directors of the Company at its meeting held on 07 May 2025, has recommended a Final Dividend of Rs.4.40 per share (i.e.440%), subject to the approval of the shareholders.Powered by Capital Market - Live

Sonata Software will hold a meeting of the Board of Directors of the Company on 7 May 2025.Powered by Capital Market - Live

Sonata Software announced a landmark $73 million, five-year transformational engagement with a major US-based company in the Technology, Media, and Telecom (TMT) sector. This multi-year partnership marks a pivotal step in the client's digital strategy to enhance global scalability, accelerate innovation, and optimize IT operations through a strategic, AI-first outsourcing model. Sonata was chosen as the partner because of its deep engineering expertise, nimble delivery model, and proven track record in driving AI-powered business transformation. Under this engagement, Sonata will establish a dedicated AI-enabled Modernization Engineering Center in India. The program will cover critical areas, including platform engineering, cloud transformation (Amazon Cloud), enterprise systems (Salesforce, Workday), cybersecurity, data services, and modern application development'all built on a foundation of automation and scalable engineering practices.Powered by Capital Market - Live

The company in a regulatory filing on 16th April, 2025, said that the revenue estimates for Q4 2024-25 from its largest client are likely to be lower than anticipated, resulting in lower revenue from its international business for the said quarter than previously envisioned during the previous analyst/investor call held on 6th February 2025. During its February 2025 earnings call, the company's CFO, Jagannathan CN, stated that the company expected about 2.5% to 3.5% of degrowth next quarter, including a seasonal impact. While Q3 has been a strong growth quarter for us, we now expect Q4 to be a de-growth quarter for Sonata due to sudden ramp downs in this high-tech client and Quant seasonally weak quarter, said MD & CEO, Samir Dhir during the earnings call held on 6 February 2025. Sonata Software offers a comprehensive suite of services, including consulting, implementations, global rollouts, enhancements, and managed services. The company caters to customer needs across key areas such as ERP (Finance, Supply Chain, Commerce, Human Resources, and Project Operations), CRM (Sales, Service, and Marketing), and Microsoft Power Platform. The company's consolidated net profit declined 1.39% to Rs 105.01 crore in Q3 FY25 as compared with Rs 106.49 crore in Q3 FY24. Net sales jumped 31.01% QoQ to Rs 2842.79 crore in Q3 FY25.Powered by Capital Market - Live

Dish TV India Ltd, Wipro Ltd, Ramkrishna Forgings Ltd and NIIT Learning Systems Ltd are among the other losers in the BSE's 'A' group today, 17 April 2025.Sonata Software Ltd crashed 6.04% to Rs 315 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 5.69 lakh shares were traded on the counter so far as against the average daily volumes of 54515 shares in the past one month.Dish TV India Ltd lost 4.35% to Rs 5.5. The stock was the second biggest loser in 'A' group.On the BSE, 6.66 lakh shares were traded on the counter so far as against the average daily volumes of 24.78 lakh shares in the past one month.Wipro Ltd tumbled 4.18% to Rs 237.15. The stock was the third biggest loser in 'A' group.On the BSE, 23.73 lakh shares were traded on the counter so far as against the average daily volumes of 5.86 lakh shares in the past one month.Ramkrishna Forgings Ltd fell 3.31% to Rs 743. The stock was the fourth biggest loser in 'A' group.On the BSE, 18632 shares were traded on the counter so far as against the average daily volumes of 57065 shares in the past one month.NIIT Learning Systems Ltd plummeted 3.29% to Rs 373.7. The stock was the fifth biggest loser in 'A' group.On the BSE, 2268 shares were traded on the counter so far as against the average daily volumes of 2867 shares in the past one month.Powered by Capital Market - Live

Sonata Software Ltd lost 10.69% today to trade at Rs 299.4. The BSE Information Technology index is down 1.97% to quote at 32219.32. The index is down 10.32 % over last one month. Among the other constituents of the index, Wipro Ltd decreased 5.72% and LTIMindtree Ltd lost 3.55% on the day. The BSE Information Technology index went down 6.34 % over last one year compared to the 5.39% surge in benchmark SENSEX. Sonata Software Ltd has lost 15.7% over last one month compared to 10.32% fall in BSE Information Technology index and 2.09% rise in the SENSEX. On the BSE, 70970 shares were traded in the counter so far compared with average daily volumes of 54270 shares in the past one month. The stock hit a record high of Rs 762 on 30 Jul 2024. The stock hit a 52-week low of Rs 286.4 on 07 Apr 2025.Powered by Capital Market - Live

The stock hit a 52-week low of Rs 445.65 today, 7 February 2025. On a consolidated basis, Sonata Software's revenue rose 31% QoQ to Rs 2842.8 crore in Q3'25. Profit after tax (PAT) for Q3'25 stood at Rs 105 crore, quarter-on-quarter (QoQ) de-growth of 1.4%. EBITDA for Q3'25 was Rs 163.6 crore, QoQ de-growth of 7.8%. EBITDA margin fell to 5.8% in Q3'25 as against 8.2% in Q2'25. Sonata Software faced an unplanned ramp-down and gave a one-time discount to a major hi-tech client in Q3FY25, leading to a decline in the TMT (Technology, Media, and Telecom) vertical. The company expects a 'full-quarter impact' in Q4FY25 due to the ramp-down, projected to be a 'de-growth' quarter. The ramp-down also impacted Q3FY25 margins, as EBITDA saw a negative effect partially due to the one-time discount. A 'ramp down' refers to a gradual reduction in services or engagement with a client, potentially leading to contract termination. In International IT Services segment, revenues for Q3'25 stood at Rs 731.7 crore, QoQ growth of 3.4%. Revenue for Q3'25 in USD were at 87 million, QoQ growth of 2.8% and YoY growth of 3.9%. In Domestic Products & Services segment, gross contribution for Q3'25 were at Rs 81.9 crore, QoQ growth of 16.7%. Revenues for Q3'25 stood at Rs 2111.1 crore, QoQ growth of 44.4%. Samir Dhir, MD & CEO of the company said, In Q3'25, our International business delivered 4.4%(CC) QoQ growth and EBIDTA drop due to onetime cost items. During the quarter, we won two large deals, our first multi-million-dollar deal on Microsoft Fabric, and for Gen AI modernization. We remain optimistic about our long-term vision and growth prospects of Sonata. 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. We had good wins from New corporate customers and the defence sector during this quarter and we also have renewed all the large contracts with our customers for Software and Hyperscaler business. We also increased our Security Business with our existing clients during this quarter. Sonata Software has a strong global presence, including key regions US, UK, Europe, APAC, and ANZ. Its bouquet of modernization engineering services cuts across Cloud, Data, Dynamics, Contact Centers, and around newer technologies like Generative AI, MS Fabric, and other modernization platforms. Powered by Capital Market - Live