Sonata Software
- Consolidated Q3FY15 Revenues at `467 Crores and PAT of `36 Crores with nine months Revenues and PAT at `1290 Crores and `99 Crores. Record Quarterly profits
of `36 Crores
showing a 65% of year on year growth.
Bengaluru, Feb 6, 2015
Sonata Software, an IT consulting and software
services provider, today reported its unaudited consolidated financial results
for its 3rdquarter and Nine months ended December31, 2014.
Speaking on the results Mr. Srikar
Reddy, Managing Director & CEO of the Company said “We
scaled up our engagements with strategic customers across ISV, Retail and
Travel segments. Helping in their digital information in the areas of omni-channel
commerce, mobility, social and analytics. The core drivers of our performance
thus continued to get strengthened. The value we bring with our services based
on focus industries, technologies and deeper customer commitment continues to
drive our financial performance in Q3 FY 15."
Highlight for Q3
Consolidated:
Ø Revenues at `467 Crores - growth of 15% QoQ and 21% YoY;
Ø EBIDTA at `52 Crores - growth of 16% QoQ and 59% YoY;
Ø PAT is at `36 Crores - growth of 15% QoQ and 65% YoY;
Ø Cash reserves (net of borrowings) is `211 Crores.
International IT
Services:
Ø New record across all metrics: all time high Revenues, EBIDTA
& PAT
Ø Revenue at `156 Crores - growth of 5% QoQand 22% YoY;
Ø EBITDA of `41 Crores - growth of 15% QoQand 59% YoY;
Ø PAT of `29 Crores - growth of 14% QoQ and 65% YoY;
Ø 1 new customer added.
Domestic Products &
Services:
Ø Revenue of `314 Crores - growth of 21% QoQ and 20% YoY;
Ø EBITDA of `11 Crores - growth of 22% QoQ and 43% YoY;
Ø PAT of `7 Crores - growth of 19% QoQ and 66% YoY.
About Sonata Software
Sonata
Software is a global IT services company that focuses on enabling businesses
win value with strategic IT initiatives. Sonata has deep technology expertise
gained from multi-faceted relationships spanning Product Engineering,
Professional Consulting Services, Early Adopter Programs, Implementation and
Alliances status with leaders such as Microsoft, SAP, Oracle, IBM, HP, hybris, and
TIBCO across Multi-Channel Commerce, ERP, CRM, Supply Chain Management,
Analytics & Business Intelligence, Cloud, Social and Mobile technologies,
enabling innovation, reliability and faster time to market in implementing the
best IT solutions. Sonata leverages this expertise through a service line
spanning Consulting, Application Development, Testing, Maintenance and
Infrastructure Support, to deliver business critical outcomes across Customer
Engagement & Growth, Enterprise Efficiency & Collaboration and
strategic IT Cost Management needs for consumer facing enterprises in Travel,
Retail and Consumer Goods industries. A unique delivery model built on
dedicated customer specific Centers of Excellence, strong Governance and Value
Co-creation, over decade plus relationships, underline the even deeper
commitment Sonata seeks to bring to make a transformational impact on the
clients critical business metrics. Sonata seeks to add differentiated value to
leadership who want to drive strategic change with IT, for their businesses.
For
further information, please contact:
Anuj
Kumar Saxena
Sonata
Software Limited
A.P.S.
Trust Building,
Bull
Temple Road, N.R. Colony
Bengaluru
560019, India
Tel:
+91 80 6778 1999
CIN: L72200MH1994PLC082110
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