Sonata Software Q2 Revenue Grows 15% YoY

SONATSOFTW SOFTWARE: Sonata Software reported its Q2 consolidated financial performance, with revenue registering year-on-year growth while net profit remained slightly lower compared with the corresponding quarter of the previous year. The company recorded consolidated net profit of ₹116 crore in Q2, compared with ₹120 crore in the same period last year, reflecting a decline of approximately 3.3%. Revenue for the quarter increased to ₹2,445 crore from ₹2,119 crore on a year-on-year basis, representing growth of approximately 15.4%. The increase in revenue reflects a higher reported revenue base during the quarter compared with the corresponding period of the previous financial year. EBITDA stood at ₹179 crore, compared with ₹173 crore in the year-ago quarter, registering growth of approximately 3.5%. However, the EBITDA margin moderated to 7.34% from 8.15% in the corresponding quarter last year, indicating a decline of 81 basis points. The quarterly numbers present a mixed performance, with revenue and EBITDA recording year-on-year growth, while net profit declined marginally and the EBITDA margin remained lower. These figures provide an update on the company's reported financial performance for the quarter. Investors and market participants may track the company's subsequent corporate disclosures for further details on its business performance and financial developments. This information is shared strictly as a corporate and market update for informational purposes and should not be considered investment advice, research analysis, or a recommendation to buy or sell any security.