Sonata Software program luggage multimillion-dollar IT deal from US healthcare agency 

Sonata Software program, a modernisation engineering firm, has secured a multi-year, multimillion-dollar IT outsourcing contract with a number one US-based healthcare and wellness firm. The announcement of the deal, finalised in June 2024, follows an earlier disclosure throughout Sonata’s Q1FY25 earnings name on July 31. The shares of Sonata Software program had been buying and … Read more

Sonata Software program CFO says income progress has bounced again this quarter

The expansion trajectory for income is robust due to the pipeline and order e-book, stated Sonata Software program’s CFO, Jagannathan Chakravarthi. The corporate’s worldwide enterprise reported a income progress of 1.3 per cent quarter on quarter (QoQ) and eight.5 per cent 12 months on 12 months (YoY) at ₹687.8 crore within the quarter ended June … Read more

Enterprises should exhibit agility to adapt to altering enterprise atmosphere, says Sonata Software program CTO

“With the evolving panorama of expertise, enterprises are required to adapt agility and modernisation practices. And if enterprises need to be agile, knowledge must be on the centre,” says Rajsekhar Datta Roy, CTO of Sonata Software program. “Our development will be attributed to our concentrate on modernisation engineering. Expertise is altering very quick in enterprises. … Read more

Sonata Software program expects Q1FY25 efficiency to stay delicate 

Mid-tier IT agency Sonata Software program expects the primary quarter of FY25 to stay subdued with 1-3 per cent progress, as macroeconomic uncertainty continues and the enterprise of acquired agency Quant Methods is predicted to be delicate, in keeping with Jagannathan Chakravarthi, CFO, Sonata Software program. The corporate’s income in This autumn stood at ₹2,191.60 … Read more

Sonata Software program stories 3% y-o-y decline in This autumn web revenue at ₹110.36 crore

IT agency Sonata Software program, reported a web revenue 3 per cent year-on-year (Y-o-Y) decline to ₹110.36 crore within the fourth quarter that ended March 2024 as towards ₹ 113.77 crore in March 2023.  Internet revenue dropped by 31.73 per cent to ₹308.50 crore for the yr ended March 2024, down from ₹451.90 crore within … Read more

Sonata Software program to arrange a supply centre in Poland

Sonata Software program plans to arrange a supply centre in Kraków, Poland as a part of strategic growth plan, the corporate mentioned in a press launch. The nearshore centre will assist the rising calls for for enterprise transformation, modernisation and price optimisation initiatives, from world shoppers in Europe. Sonata Software program plans to make vital … Read more

Sonata Software program says Q3 loss linked to extra payouts for acquired firm

Mid-tier IT agency Sonata Software program, which reported a lack of ₹46.2 crore within the third quarter, stated the dip was on account of extra payouts made to its acquired firm Quant. The corporate, amid a tricky demand surroundings, is seeing inexperienced shoots in its largest vertical high-tech and is anticipating the impact of deal … Read more