Wednesday, January 20, 2010

SONATA SOFTWARE LIMITED

Sonata Consolidated Q3 Net Up 10% to Rs.22 crore


January 19, 2010: For the third quarter ended 31st December, 2009, Sonata Software’s Consolidated Revenues stood at Rs.336 crore (Rs.395.35 crore) and Consolidated Net Profit increased by 10% to Rs.21.98 crore (Rs.19.90 crore).

For the nine months ended 31st December, 2009, Sonata Software’s Consolidated Revenues stood at Rs.1061.35 crore (Rs.1223.72 crore) and Consolidated Net Profit at Rs.61.09 crore (Rs.59.34 crore).

Commenting on the results, Mr. B. Ramaswamy, President and Managing Director, Sonata Software Limited said, “We are pleased with our overall performance and continued improvement in operational metrics this quarter. Our singular focus on delivering enhanced business value to our customers through simplified processes and flexible business models, have ensured that they can do more with less. This, together with our continuous investments in strengthening our capabilities, have resulted in sustained improvement.”

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