Advertisment

Sonata Software consolidated Q2, FY'11 net profit at Rs 25.04 cr up by 17 percent YoY

author-image
DQC Bureau
New Update

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.





Advertisment

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

Advertisment

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).

Advertisment