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Sonata Software reports 24% rise in Q2 consolidated net profit

19 Oct 2022 Evaluate

Sonata Software has reported results for second quarter ended September 30, 2022.

The company has reported fall of 64.56% in its net profit at Rs 30.97 crore for Q2FY23 as compared to Rs 87.39 crore for the corresponding quarter previous year. Total revenue of the company decreased by 5.81% to Rs 238.45 crore for the quarter under review as compared to Rs 253.17 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 23.63% in its net profit at Rs 112.71 crore for the quarter under review as compared to Rs 91.17 crore for the same quarter in the previous year. Total revenue of the company increased by 54.30% to Rs 1,507.09 crore for the quarter under review as compared to Rs 976.70 crore for the same quarter in the previous year.

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