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Sonata Software reports 10% rise in Q2 consolidated net profit

25 Oct 2023 Evaluate

Sonata Software has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported above 5 - fold jump in its net profit at Rs 168.47 crore for Q2FY24 as compared to Rs 30.97 crore for the same quarter in the previous year. Total income of the company increased by 69.07% at Rs 403.14 crore for Q2FY24 as compared Rs 238.45 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 10.17% rise in its net profit at Rs 124.17 crore for the quarter under review as compared to Rs 112.71 crore for the same quarter in the previous year. Total income of the company increased by 28.44% at Rs 1935.77 crore for Q2FY24 as compared Rs 1507.09 crore for the corresponding quarter previous year.

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