Sonata Software Limited Reports Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2018
May 22, 2018 at 12:16 pm
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Sonata Software Limited reported audited consolidated and standalone earnings results for the fourth quarter and year ended March 31, 2018. For the quarter, the standalone company reported revenues from operations of INR 1,796.218 million compared to INR 1,500.101 million a year ago. Profit before exceptional items and tax was INR 565.107 million compared to INR 396.354 million a year ago. Profit before tax was INR 565.138 million compared to INR 443.116 million a year ago. Profit for the period was INR 435.13 million or INR 4.18 per diluted share compared to INR 310.965 million or INR 3.00 per basic and diluted share for the last year.
For the year, the standalone company reported revenues from operations of INR 6,885.062 million compared to INR 5,926.034 million a year ago. Profit before exceptional items and tax was INR 1,977.521 million compared to INR 1,735.292 million a year ago. Profit before tax was INR 1,982.419 million compared to INR 1,791.799 million a year ago. Profit for the period was INR 1,512.75 million or INR 14.56 per diluted share compared to INR 1,332.904 million or INR 12.85 per basic and diluted share for the last year.
For the quarter, the consolidated company reported revenues from operations of INR 6,258.039 million compared to INR 6,857.637 million a year ago. Profit before exceptional items and tax was INR 714.630 million compared to INR 458.408 million a year ago. Profit before tax was INR 714.661 million compared to INR 514.747 million a year ago. Profit for the period was INR 542.878 million or INR 5.27 per diluted share compared to INR 366.39 million or INR 3.45 per basic and diluted share for the last year. EBITDA was INR 754 million compared to INR 559 million a year ago.
For the year, the consolidated company reported revenues from operations of INR 24,539.418 million compared to INR 23,707.761 million a year ago. Profit before exceptional items and tax was INR 2,592.218 million compared to INR 2,184.995 million a year ago. Profit before tax was INR 2,603.691 million compared to INR 2,262.188 million a year ago. Profit for the period was INR 1,921.348 million or INR 18.53 per diluted share compared to INR 1,569.161 million or INR 15.07 per basic and diluted share for the last year. EBITDA was INR 2,776 million compared to INR 2,464 million a year ago.
Sonata Software Limited is an India-based modernization engineering company. It provides modernization services using its proprietary Platformation approach. It specializes in cloud and data modernization, Microsoft Dynamics Modernization, digital contact center setup and management, managed cloud services and digital transformation services. Its cloud modernization services include cloud strategy and consulting, cloud migration, cloud-native development, and cloud optimization. Its enterprise data modernization offers data strategy and planning, data migration, and data management and analytics services. It offers application and infrastructure re-platforming and re-architecting services. It offers solutions with models that combine artificial intelligence (AI), machine learning and NLP techniques to recommend actions for business outcomes. Its Lightning platform enables customers to explore generative AI for their organization through industry-specific proof-of-concept projects.
SONATA SOFTWARE LIMITED 
