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Sonata Software Ltd is primarily engaged in the business of providing Information Technology (IT) Services and Solutions to its various customers in the United States of America, Europe, Middle East, Australia and India.
Sonata Software management held investor meetings with several institutional analysts. The company emphasized that only public information was discussed, ensuring no private or market-moving details were shared.
Sonata Software's merger with its wholly-owned subsidiary, Encore I.T. Services Solutions, is now effective. No new shares were issued, ensuring no impact on the company's capital structure.
Sonata Software's management held a virtual meeting with Invesco Asset Management. Discussions covered only public information, confirming no new, non-public details were shared. This ensures all investors have access to the same information.
Sonata Software appoints Hariprasad Rebala as Chief AI Officer. This strategic hire enhances AI leadership, accelerating the company's transformation into an AI-native enterprise. Focus is on driving AI-led business outcomes and sustained future growth.
Sonata Software reported Q1 FY27 consolidated revenue of Rs.3279.1 Cr (+29.3% QoQ) and PAT of Rs.108.61 Cr, impacted by Rs.35.4 Cr forex loss. International Services revenue was $82 million (+0.1% QoQ CC), with EBITDA at 15.4% due to utilization dip and AI investments. Domestic business revenue grew 42.4% QoQ to...