Sonata Software Q1 Revenue Rises 17%

  Published 8 months ago

Sonata Software posted 17.31% YoY revenue growth and steady profit gains, despite margin pressure and mixed segmental performance.

  • Domestic segment surged 18.6% QoQ in revenue, but gross contribution dipped 12.6% due to rising input costs.
  • International IT Services grew 0.6% QoQ in USD terms, but constant currency revenue slipped 0.9%.
  • EBITDA fell 9.4% YoY; however, large BFSI and TMT deal wins signal strong long-term growth momentum.

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