Bengaluru-headquartered IT services firm Sonata Software surpassed $1 billion in consolidated revenue in the last fiscal year ended March 31. In its June quarter investor presentation, the company said it expects to add $500 million to the revenue in three-four years.

Sonata Software pushes $1.5 billion revenue goal to FY27

The growth trajectory for revenue is strong because of the pipeline and order book, said Sonata Software’s CFO, Jagannathan Chakravarthi.

Sonata Software CFO says revenue growth has bounced back this quarter

Sonata Software: HDFC Institutional Equities expects the International IT services (IITS) to be back on the growth trajectory based on healthy deal wins and a strong book-to-bill of 1.24 (TCV at $103 million).

Sonata Software shares plunge 9% post Q1 results; here’s target price

KRBL Ltd, Datamatics Global Services Ltd, Aegis Logistics Ltd and Hikal Ltd are among the other losers in the BSE’s ‘A’ group today, 01 August 2024.

Sonata Software Ltd leads losers in ‘A’ group

Corporate Radar | Sonata Software Unveiled: What’s Behind the 4.3% Profit Drop?

AI Is Becoming An Integral Part Of Large Deals; AI Pipeline Is $60 M: Sonata Software | CNBC TV18

Sonata Software tumbled 6.16% to Rs 694.60 after the company’s consolidated net profit declined 4.29% to Rs 105.63 crore in Q1 FY25 as against with Rs 110.36 crore posted in Q4 FY24.

Sonata Software drops as Q1 PAT slides 4% QoQ to Rs 106 cr

Bengaluru (Karnataka) [India], August 1: Sonata Software (NSE: SONATSOFTW), (BSE: 532221), a leader in Modernization Engineering, today reported its unaudited financial results for its Quarter ended June 30, 2024.

Sonata Software: International Services Dollar revenue for Q1′25 of 82.7 Mn grew 1.3 per cent QoQ and EBITDA grew by 1.4 per cent

Upcoming Result: Tata Motors, ITC, Sun Pharmaceutical Industries, Aditya Birla Capital, Adani Enterprises, Adani Ports and Special Economic Zone, Dabur India, Arvind Fashions, Escorts Kubota, Emami, Zomato, Kalyan Jewellers, Akzo Nobel India, Alkyl Amines Chemicals, Aptus Value Housing Finance, Cleans Science and Technology, Great Eastern Shipping, GHCL, Godrej Agrovet, G R Infraprojects, Indegene, Max Healthcare Institute, Neuland Laboratories, Orient Electric.

Stock Alert: Coal India, Bank of Baroda, Tata Steel, Sonata Software, Aster DM Healthcare

Markets experienced a slight uptick on Wednesday. Key companies such as ITC, Tata Motors, and Infosys will be under focus due to their quarterly results. Tata Steel and Coal India reported profit growths, while Infosys faces a GST investigation concerning Rs 32000 crore. Bank of Baroda and Sonata Software also posted their quarterly results.

Stocks in news: ITC, Tata Motors, Zomato, Adani Enterprises, Infosys

Sonata Software consolidated net profit declines 12.06% in the June 2024 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Sonata Software Limited is an information technology (IT) services and solutions company.

Sonata Software Ltd