Sonata Software reports PAT of Rs. 62.2 crore
Sonata Software's consolidated revenue for the quarter came in at Rs. 593.1 crores, registering 13.84 per cent QoQ decline.
EBITDA for the quarter remained flat at Rs. 74 crores as compared to Rs. 73.4 crore in corresponding quarter of last year. But EBITDA margin for the quarter improved 182 bps to 12.48 per cent. PAT for the quarter came in at Rs. 62.18 crores, QoQ increase of 8.31 per cent.
The company’s board of directors has declared interim dividend of Rs. 4.75 per share equity share of Re. 1.
The stock of Sonata Software turned volatile after posting this quarterly numbers and touched intraday low of Rs. 304.30 apiece. Later it recovered and closed for the day at Rs. 310.50 apiece, marginally down by 0.20 per cent.