Sonata Software Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- Sonata Software Ltd reported a 30.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.0%.
- Its expenses for the quarter were up by 33.4% QoQ and 16.5% YoY.
- The net profit decreased 1.4% QoQ and decreased 327.5% YoY.
- The earnings per share (EPS) of Sonata Software Ltd stood at 3.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2864.28 | 2189.01 | 2512.86 | 30.8% | 14.0% |
Total Expenses | 2727.46 | 2044.67 | 2341.30 | 33.4% | 16.5% |
Profit Before Tax | 136.82 | 144.34 | -3.10 | -5.2% | -4513.5% |
Tax | 31.81 | 37.85 | 43.06 | -16.0% | -26.1% |
Profit After Tax | 105.01 | 106.49 | -46.16 | -1.4% | -327.5% |
Earnings Per Share | 3.80 | 3.80 | -1.70 | 0.0% | -323.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sonata Software Ltd is a renowned IT services company primarily engaged in offering software solutions and services. With a strong focus on delivering end-to-end IT solutions, the company specializes in providing digital transformation services, product engineering, and platform-based services. The company operates within the information technology industry, serving a diversified clientele across various sectors. As of the latest updates, Sonata Software Ltd has been actively expanding its service offerings and market reach through strategic acquisitions and partnerships to enhance its service capabilities and global footprint.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Sonata Software Ltd reported a total income of ₹2864.28 crores. This represents a significant quarterly growth of 30.8% compared to the second quarter of FY25 (₹2189.01 crores). The year-over-year comparison also shows an increase of 14.0% from Q3FY24, where the total income stood at ₹2512.86 crores. This upward trend in revenue indicates sustained growth over both the short and longer term, reflecting the company's ability to generate increased sales and service income.
Profitability
The profitability metrics for Sonata Software Ltd in Q3FY25 demonstrate varied performance. The company posted a profit before tax of ₹136.82 crores, which is a slight decrease of 5.2% from the previous quarter (Q2FY25: ₹144.34 crores). Nevertheless, the year-over-year comparison reveals a substantial positive shift from a loss of ₹3.10 crores in Q3FY24, highlighting a significant turnaround in operating performance. The profit after tax for Q3FY25 was ₹105.01 crores, marginally lower by 1.4% from the previous quarter's ₹106.49 crores, yet considerably improved from a loss of ₹46.16 crores recorded in Q3FY24. The earnings per share (EPS) remained steady at ₹3.80 in Q3FY25, unchanged from Q2FY25, but notably higher than the negative EPS of ₹1.70 in Q3FY24.
Operating Metrics
Total expenses for Sonata Software Ltd in Q3FY25 amounted to ₹2727.46 crores, marking a 33.4% increase from ₹2044.67 crores in Q2FY25. Compared to the same quarter in the previous fiscal year (Q3FY24: ₹2341.30 crores), expenses rose by 16.5%. The tax outflow in Q3FY25 was ₹31.81 crores, which indicates a reduction of 16.0% from the previous quarter's ₹37.85 crores and a 26.1% decrease from Q3FY24's ₹43.06 crores. These changes in expenses and tax obligations reflect the company's recent financial management and operational strategies as it navigates its cost structure and taxation landscape.
