Sonata Software Q2 PAT at ₹116 Cr; revenue up 15%

SONATSOFTW Sonata Software Limited (SONATSOFTW) reported Q2FY27 consolidated net profit of ₹116.40 Cr, down 3.15% YoY but up 7.67% QoQ. Revenue stood at ₹2,445.20 Cr, up 15.38% YoY and down 25.43% QoQ. EBITDA was ₹179.49 Cr, up 3.93% YoY and 5.11% QoQ. EBITDA margin stood at 7.34% versus 8.15% YoY and 5.21% QoQ. The company declared a second interim dividend of ₹1.25 per share. International IT services and domestic business showed growth, with a focus on AI-led engineering and ***** view The key triggers are the 15.38% YoY revenue growth to ₹2,445.20 Cr and the sequential improvement in PAT and EBITDA, despite a YoY profit decline and margin contraction. This reflects mixed performance with healthy top-line growth but pressure on profitability. Peers such as Birlasoft, Happiest Minds and Zensar Technologies may face comparison on revenue growth and margin trends. Near-term prices could react cautiously given the margin compression and YoY profit dip. Risks include sustained margin pressure, slower deal conversion, or weaker demand in international markets. Competitors listed: Birlasoft, Happiest Minds, Zensar Technologies. We have no financial interest in this news.