Sonata Software Ltd.

BSE: 532221 | NSE: SONATSOFTW
Small Cap | IT - Software
282.85
6.90 (2.50%)
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Sonata Software reports 11% rise in Q1 consolidated net profit

Date: 31-07-2023

Sonata Software has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 95.86% fall in its net profit at Rs 3.71 crore for the quarter under review as compared to Rs 89.70 crore for the same quarter in the previous year. Total income of the company decreased by 15.36% at Rs 241.33 crore for Q1FY24 as compared Rs 285.11 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 11.47% rise in net profit at Rs 120.12 crore for the first quarter ended June 30, 2023 as compared to Rs 107.76 crore for the same quarter in the previous year. Total income of the company increased by 13.72% at Rs 2,043.66 crore for Q1FY24 as compared Rs 1,797.05 crore for the corresponding quarter previous year.