Sonata Software Ltd. primarily works with clients in the United States, Australia, India, Europe, the Middle East, and other regions to provide information systems (IT) services and solutions.
Financial Results:
“The PAT has been up for the quarter by 4.4% and yearly growth of 20.5%. The domestic business, gross contribution has grown by 5.8% quarter-on-quarter and 25.8% on year-on-year.
Our ROCE in international business continued to be strong at about 37% and in Indian business, continued to grow with 42% of ROCE. The RO — return on net worth has been very, very strong in both the businesses, at Indian business is 6% and international business is 37%.
The earnings per share has grown 4.3% quarter-on-quarter and 20.3% year-on-year. We had an earnings per share of about INR8.5 per share this quarter.
The consolidated financial trends. We covered the revenue and profitability, and the EBITDA also for the last eight quarters has been pretty strong, with a CQGR of revenue growth of 6.2% and EBITDA CQGR of 5.3%. The PAT CQGR has been 10.3%, indicating a strong profitability of the business.“
– Jagannathan Chakravarthi, Chief Financial Officer (In Q3FY23 Concall)