Sonata Software reports ₹2,445.2 cr Q2 revenue despite QoQ fall
Sonata Software just posted a solid ₹2,445.2 crore in revenue for Q2 FY27, up 15.4% from last year.
But not everything was rosy: compared to the previous quarter, revenue actually dropped by 25.4%.
Net profit rose a bit from last quarter to ₹116.4 crore, though it is slightly down year over year.
Their operating earnings (EBITDA) also saw a small boost.
Domestic products and services up 19%
International IT services brought in more money this year (up 9.3%), but profits dipped.
On the home front, Domestic Products and Services grew even faster, up 19%, despite some recent bumps.
The team is now 6,214 strong with lower attrition at just 10%.
CEO Rajsekhar Datta Roy says they are doubling down on AI and cloud partnerships, while MD and CEO of Sonata Information Technology Ltd Sujit Mohanty highlights their push for top-notch IT services and happy clients.