Sonata Software Ltd reports consolidated PAT of Rs. 83.06 crore in Q4FY21

SONATA SOFTWARE LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.1094.63 crores during the period ended March 31, 2021 as compared to Rs.1399.41 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.83.06 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.53.79 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.7.99 for the period ended March 31, 2021 as compared to Rs.5.18 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 1094.63 crs	₹ 1399.41 crs	-21.78%
Net Profit	₹ 83.06 crs	₹ 53.79 crs	54.42%
EPS	₹ 7.99	₹ 5.18	54.25%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.1094.63 crores during the period ended March 31, 2021 as compared to Rs.940.86 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.83.06 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.61.79 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.7.99 for the period ended March 31, 2021 as compared to Rs.5.95 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 1094.63 crs	₹ 940.86 crs	16.34%
Net Profit	₹ 83.06 crs	₹ 61.79 crs	34.42%
EPS	₹ 7.99	₹ 5.95	34.29%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.4255.83 crores during the 12 months period ended March 31, 2021 as compared to Rs.3801.66 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.243.96 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.276.93 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.23.48 for the 12 months period ended March 31, 2021 as compared to Rs.26.66 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 4255.83 crs	₹ 3801.66 crs	11.95%
Net Profit	₹ 243.96 crs	₹ 276.93 crs	-11.91%
EPS	₹ 23.48	₹26.66	-11.93%

Speaking on the results Mr. Srikar Reddy, Managing Director & CEO of the Company said: The results for the year have shown significant growth quarter on quarter over the year both in revenues and profits across all business operations, geographies, digital services and industry verticals, and indicate that we are now on a path of sustained growth.

This is a clear indication that our overall strategy of building digital enterprises by creating platforms through our unique Platformation™ methodology is more relevant in the current context with greater investments by enterprises in digitization and automation. We have become a much stronger organization in the quality of clients, relationships, and internal investments, in creating world class competencies aligned to Platformation™ across platform engineering, cloud transformation, data analytics and Microsoft Dynamics. We specifically would like to mention the GBW investment we made which is focused on delivering platform based CX (customer experience) which continues to show promise with addition of some marquee clients and adds differentiation to our digital offering.

With clear visibility and growing long term business opportunity, we are focused now on investing for growth, in talent acquisition across the world, building IP and competency development, investing in sustained brand building.

We are also focused currently especially in India to ensure the safety and health of all Sonatians. The company has taken a slew of measures aimed at supporting people like free vaccinations, tie-up with Covid centers, access to medical attention and procurement of oxygen concentrators.

Shares of SONATA SOFTWARE LTD. was last trading in BSE at Rs.588 as compared to the previous close of Rs. 590.9. The total number of shares traded during the day was 13641 in over 744 trades.

The stock hit an intraday high of Rs. 594 and intraday low of 582. The net turnover during the day was Rs. 8014440.

Source : Equity Bulls

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