One of the leading Indian software
solutions company, Sonata Software reported its audited financial
results for the quarter and the half year ended September 30, 2010.
Sonata Software Ltd. —
Consolidated
Revenue for the quarter at Rs 391.14 cr
( Rs 347.33 cr ) up by 13 percent YoY
Net profit for the quarter at Rs 25.04
cr ( Rs 21.35 cr ) up by 17 percent YoY
Earnings per share (Annualized) for the
quarter at Rs 9.53 ( Rs 8.12 ) up by17 percent YoY
RONW (Annualised) for the quarter at 26
percent
ROCE (Annualised) for the quarter at 25
percent
Consolidated Cash Reserves : Rs 156.04
Cr ( Rs 72.47 Cr )
Sonata Software Ltd. — Stand Alone
Revenue for the quarter at US$14.25 mn (
US$12.51 Mn ) up 14 percent YoY
Revenue for the quarter at Rs 65.08 cr ( Rs 59.95 cr ) up 9 percent YoY
EBIDTA for the quarter at Rs 18.60 cr (
Rs 17.54 cr ) up 6 percent YoY
Net profit for the quarter at Rs 15.20
cr ( Rs 14.67 cr ) up 4 percent YoY
Earnings per share (Annualised) for the
quarter at Rs 5.78 (Rs 5.58 ) up 4 percent YoY
RONW and ROCE ( Annaulised)for the
quarter at 20 percent
Cash from operations for the quarter
Rs13.44 cr
Cash Reserves : Rs 67.15 cr ( Rs 37.38
cr )
* Figures shown in brackets pertains
to Q2 '09-10
Commenting on the results, B Ramaswamy,
President and MD, Sonata Software said, “This has been a strong
quarter showing improvement in key operational metrics. Focus
continues to be on building specialization and demonstrating
continued value for our customers.”
Sonata has also got some significant
projects under its kitty.
-
A pharmaceutical major has engaged
Sonata, to establish a centralized IT services delivery team, which
will help them, to meet the IT needs of various divisions and optimize
cost of operations in a highly regulated environment. As a part of this
engagement, Sonata will provide managed testing services, which will
help them to achieve significant improvement in their service quality
to the end-customer. -
As a part of implementing Web
strategy for a general insurance company, Sonata has developed a
comprehensive e-commerce platform and product management system for the
customer. The new e-commerce platform will help them, to develop new
products for their customers, manage marketing campaigns and affinity
partners with minimal IT involvement. -
A defence establishment has engaged
Sonata for the implementation of Active Directory, System Centre
Configuration Manager (SCCM), Office Communications Server (OCS) and
related support services for a period of two years. The establishment
has 100 units spread over 30 kilometers and connected through Optical
Fibre Communication (OFC).