Sonata Software Ltd. — Board/Management Information 2024

May 7, 2024

7" May, 2024

National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, Mumbai P.J. Towers, Dalal Street, Mumbai Kind Attn: Manager, Listing Department Kind Attn: Manager, Listing Department Stock Code —- SONATSOFTW Stock Code - 532221

Dear Sirs/Madam,

SUB: OUTCOME OF BOARD MEETING

REF: DISCLOSURE UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING REGULATIONS")

We hereby inform that at the meeting of Board of Directors of Sonata Software Limited (the "Company") held today i.e. 7 May 2024, the Board, inter-alia, has considered and approved the following:

• a. Audited Financial Results of the Company (standalone and consolidated) for the quarter and year ended 31%' March, 2024. The said results in the prescribed format along with Independent Auditors' Report thereon are enclosed herewith.
• b. Independent Auditors' Report on the Audited Financial Results of the Company (standalone and consolidated) for the financial year ended 31°t March, 2024, with unmodified opinion and the declaration in this regard is enclosed.
• c. Recommended a Final Dividend of Rs. 4.40/- per Equity share (440% on par value Re. 1/-) for the financial year ended 31°t March, 2024 and the Final Dividend is payable subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The dividend, subject to the approval of shareholders, will be dispatched / credited within 30 days from the date of ensuing AGM. We shall inform you in due course the date on which the 29" Annual General Meeting of the Company will be held.
• d. Approved merger of Encore I.T. Services Solutions Private Limited (a wholly owned subsidiary of the Company) with the Company. Also, accorded in-principle approval for merger of Encore Software Services Inc., USA (a wholly owned subsidiary of Sonata Software North America Inc., USA) with Sonata Software North America Inc., USA (wholly owned subsidiary of the Company). The information as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13" July, 2023, as amended ("SEBI Circular"), is enclosed herewith as Annexure I.
• e. Based onthe recommendation of the Nomination & Remuneration Committee, approved the appointment of Mr. Surin Kapadia (DIN: 00770828) as additional director designated as Independent Director of the Company for a term of 5 (five) consecutive years with effect from 7" May, 2024 till 6 May, 2029, subject to the approval of the shareholders. The information as required under Regulation 30 of the Listing Regulations, read with the SEBI Circular, is enclosed herewith as Annexure Il.

Sonata Software Limited - SSL Website: www.sonata-software.com

Registered Office: 208, T V Industrial Estate, 2" Floor, S K Ahire Marg, Worli, Mumbai — 400 030 email: info@sonata-software.com Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobili, Mysore Road, Bengaluru - 560059, India Tel: +91 80 6778 1000 | CIN: L72200MH1994PLC082110

• f. Based onthe recommendation of the Nomination & Remuneration Committee, approved the appointment of Ms. Mona Desai (DIN: 03065966) as additional director designated as Independent Director of the Company for a term of 5 (five) consecutive years with effect from 7 May, 2024 till 6" May, 2029, subject to the approval of the shareholders. The information as required under Regulation 30 of the Listing Regulations, read with the SEBI Circular, is enclosed herewith as Annexure Il.
• g. Based onthe recommendation of the Nomination & Remuneration Committee, approved the appointment of Mr. Sanjay Asher (DIN: 00008221) as an Independent Director of the Company for a second term of 5 (five) consecutive years with effect from 8" August, 2024 till 7** August, 2029, subject to the approval of shareholders. The information as required under Regulation 30 of the Listing Regulations, read with the SEBI Circular is enclosed herewith as Annexure Il.

Mr. Surin Kapadia, Ms. Mona Desai and Mr. Sanjay Asher have confirmed that they meet the criteria of Independence under the provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015. Further, the aforesaid Directors are not debarred from holding the office of a Director by virtue of any order passed by SEBI or any other statutory authority.

The meeting commenced at 3:00 p.m. and concluded at 4:25 p.m. Also note that the aforesaid information will be available on our website www.sonata-software.com.

Kindly take the same on record.

Thanking you.

Yours faithfully, For Sonata Software Limited

Up\eanecrsa

Mangal Kulkarni Company Secretary, Compliance Officer and Head Legal

Encl.: As above

Sonata Software Limited - SSL Website: www.sonata-software.com Registered Office: 208, T V Industrial Estate, 2" Floor, S K Ahire Marg, Worli, Mumbai — 400 030 email: info@sonata-software.com Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobili, Mysore Road, Bengaluru - 560059, India Tel: +91 80 6778 1000 | CIN: L72200MH1994PLC082110

Disclosure under Clause (1) of Para A of Part A of Schedule III of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Details of merger of Encore I.T. Services Solutions Private Limited (wholly owned subsidiary of the Company) with Sonata Software Limited (the Company)

	SONATA
ERT	INU	ro = " 1628
	SONATA SOFTWARE	& CMMIDEV/5
		Annexure
		Disclosure under Clause (1) of Para A of Part A of Schedule III of Regulation 30 of SEBI (Listing Obligations
		and Disclosure Requirements) Regulations, 2015
		Details of merger of Encore I.T. Services Solutions Private Limited (wholly owned subsidiary of the Company) with Sonata Software Limited (the Company)
No.	Sr. Particulars	Details
1.	Name the of forming part of amalgamation/merger,	entities Merger of Encore .T. Services Solutions Limited (wholly Private the owned Company) Company) subsidiary (Transferee with of the Company) Company), Software Sonata Limited (Transferor (the
		details in brief such as size, subject to regulatory approvals.
	turnover etc.	Turnover: Encore I.T. Services Solutions Private Limited: INR 8,581 Lakhs in FY 2023-24 Sonata Software Limited: INR 95,030 Lakhs in FY 2023-24
2.	Whether the would within fall party transactions? whether the same is done at "arms-length"?	transaction Yes, at arms-length basis. Merger will be carried out as per the IndAS related 103 Business Combinations prescribed by the Central Government If yes, under Companies Act, 2013.
3.	Area business of of entity(ies)	the Information Technology Services
4.	Rationale Amalgamation/Merger	of For operational efficiency and synergy benefits.
5.	case of In consideration - amount or exchange otherwise share ratio	cash Not applicable

Sonata Software Limited - SSL Website: www.sonata-software.com

Registered Office: 208, T V Industrial Estate, 2" Floor, S K Ahire Marg, Worli, Mumbai — 400 030 email: info@sonata-software.com Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobili, Mysore Road, Bengaluru - 560059, India Tel: +91 80 6778 1000 | CIN: L72200MH1994PLC082110

Details of merger of Encore Software Services Inc., USA (a wholly owned _ subsidiary of Sonata Software North America Inc., USA) with Sonata Software North America Inc., USA (a wholly owned subsidiary of the Company)

		rg 2
		BUREAU VERITAS fl Cant etn
		& CMMIDEV/5
		Details of merger of Encore Software Services Inc., USA (a wholly owned _ subsidiary of Sonata Software
		North America Inc., USA) with Sonata Software North America Inc., USA (a wholly owned subsidiary of the Company)
	Sr. Particulars	Details
No. 1.	Name entities Merger the of	owned Software USA Encore wholly Services of Inc., (a
	forming part of	the subsidiary of Sonata Software North America Inc., USA) with Sonata
	amalgamation/merger,	Software North America Inc., USA (a wholly owned subsidiary of the
	details in brief such as size, Company).
	turnover etc.	Turnover:
		Encore Software Services Inc.: INR 20,673 Lakhs in FY 2023-24
		Sonata Software North America Inc.: INR 115,444 Lakhs in FY 2023-24
2.	Whether transaction Yes, the	Merger will at arms-length be carried out as per the basis.
	would within fall party transactions? If yes,	related applicable reporting framework.
	whether the same is done
	at "arms-length"?
3.	business Area of of	the Information Technology Services
	entity(ies)
4.	Rationale Amalgamation/Merger	of For operational efficiency and synergy benefits.
5.	case of In	cash Not applicable
	consideration - amount or
	exchange otherwise share
	ratio	in Not applicable
6.	change details Brief of shareholding pattern (if
	any) of listed entity

Sonata Software Limited - SSL

Registered Office: 208, T V Industrial Estate, 2" Floor, S K Ahire Marg, Worli, Mumbai — 400 030 Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobili, Mysore Road, Bengaluru - 560059, India Tel: +91 80 6778 1000 | CIN: L72200MH1994PLC082110

Website: www.sonata-software.com email: info@sonata-software.com

Annexure II

Disclosure under Clause (1) of Para A of Part A of Schedule III of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

	rg CURLS Cant etn
	Disclosure under Clause (1) of Para A of Part A of Schedule III of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
	Details of Mr. Surin Kapadia (DIN: 00770828)
Particulars	Details
Reason for change viz. appointment, removal, death resignation, or	00770828) appointed Kapadia Mr. Surin (DIN: an as is Independent director designated additional Director as an
otherwise	with effect from 7" May, 2024 till 6" May, 2029.
Date of Appointment / Cessation	7" May, 2024
Term of appointment	Five (5) consecutive years w.e.f. 7 May, 2024 till 6" May, 2029, subject to approval of shareholders of the Company.
Brief Profile	Mr. Kapadia is a fellow member of the Institute of Chartered
	Accountants of India and Partner of M/s G. M. Kapadia & Co.,
	Chartered Accountants. head He the the Firm's of is Transaction Advisory and Valuation practices and is also an
	integral part of the consultancy and corporate law practices of
	the Firm. Mr. Kapadia is actively involved in rendering of high
	value-added professional over services. He years' has 25 experience in the field of taxation, exchange control laws,
	mergers and acquisition and valuation.
Disclosure of relationships between	Kapadia Director related any Mr. Surin not of the to is
Directors Other Directorships / Memberships	Company Not applicable
case entities listed of (in in
resignation of Independent director)
	Details of Ms. Mona Desai (DIN: 03065966)
Particulars	Details
Reason for change viz. appointment,	Ms. Mona Desai (DIN: 03065966) is appointed as an additional
removal, death resignation, or	director designated as an Independent Director with effect
otherwise Date of Appointment / Cessation	from 7** May, 2024 till 6" May, 2029. 7" May, 2024
Term of appointment	Five (5) consecutive years w.e.f. 7° May, 2024 till 6" May,
	2029, subject to approval of shareholders of the Company.
Brief Profile	Ms. Desai holds a BA (Hons) degree in Psychology from Jai Hind College, Mumbai. She is an advocate and solicitor having
	passed the solicitors examination conducted by the Bombay
	Incorporated Law Society in 1995. She is a partner of the law
	firm M/s. A.H. Parpia & Co., Mumbai. She is a member of the Institutional Scientific & Ethics Board of Kokilaben Dhirubai

Details of Mr. Surin Kapadia (DIN: 00770828)

Details of Ms. Mona Desai (DIN: 03065966)

Particulars	Details
Reason for change viz. appointment,	Ms. Mona Desai (DIN: 03065966) is appointed as an additional
removal, death resignation, or	director designated as an Independent Director with effect
otherwise	from 7** May, 2024 till 6" May, 2029.
Date of Appointment / Cessation	7" May, 2024
Term of appointment	Five (5) consecutive years w.e.f. 7° May, 2024 till 6" May,
	2029, subject to approval of shareholders of the Company.
Brief Profile	Ms. Desai holds a BA (Hons) degree in Psychology from Jai
	Hind College, Mumbai. She is an advocate and solicitor having
	passed the solicitors examination conducted by the Bombay
	Incorporated Law Society in 1995. She is a partner of the law
	firm M/s. A.H. Parpia & Co., Mumbai. She is a member of the
	Institutional Scientific & Ethics Board of Kokilaben Dhirubai
	Ambani Hospital & Medical Research Institute.

Sonata Software Limited - SSL

Registered Office: 208, T V Industrial Estate, 2" Floor, S K Ahire Marg, Worli, Mumbai — 400 030 Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobili, Mysore Road, Bengaluru - 560059, India Tel: +91 80 6778 1000 | CIN: L72200MH1994PLC082110

Website: www.sonata-software.com email: info@sonata-software.com

	rg 2 BUREAU VERITAS fl Cant etn
Disclosure of relationships between Directors	Ms. Mona Desai is not related to any Director of the Company
Other Directorships / Memberships	Not applicable
entities case listed of (in in
resignation of Independent director)
	Details of Mr. Sanjay Asher (DIN: 00008221)
Particulars	Details
Reason for change viz. appointment,	Mr. Sanjay Asher is appointed as an Independent Director for
removal, death resignation, or	a second term of five consecutive years with effect from 8"
otherwise	August, 2024 till 7* August, 2029.
Date of Appointment / Cessation	7" May, 2024

	rg 2 BUREAU VERITAS fl Cant etn
Disclosure of relationships between	Ms. Mona Desai is not related to any Director of the Company
Directors
Other Directorships / Memberships	Not applicable
entities case listed of (in in resignation of Independent director)
	Details of Mr. Sanjay Asher (DIN: 00008221)
Particulars	Details
Reason for change viz. appointment, removal, death resignation,	Mr. Sanjay Asher is appointed as an Independent Director for a second term of five consecutive years with effect from 8"
or otherwise	August, 2024 till 7* August, 2029.
Date of Appointment / Cessation	7" May, 2024
Term of appointment	Second term of Five (5) consecutive years i.e. 8°" August, 2024
	till 7 August, 2029, subject to approval of shareholders of the Company.
Brief Profile	Mr. Asher is presently a Senior Partner with M/s. Crawford
	Bayley & Co., which is India's oldest law firm, established in
	Mr. Asher holds a Bachelor's Degree in Commerce and 1830. a Bachelor's Degree in Law from the University of Bombay. He
	has been a practising Advocate since 1991, and was admitted
	as a Solicitor in the year 1993. He is also a qualified Chartered
	Accountant.
	He specialises in the fields of M&A, cross-border M&A, joint ventures, private equity and capital markets. He has been a
	noted speaker at various seminars and conferences including
	those organised by Institute of Chartered Accountants of India
Disclosure of relationships between	and Institute of Company Secretaries of India. Asher Sanjay Director related any Mr. not the to of is
Directors	Company
Other Directorships / Memberships	Not applicable
case entities listed of (in in resignation of Independent director)

Details of Mr. Sanjay Asher (DIN: 00008221)

Sonata Software Limited - SSL

Registered Office: 208, T V Industrial Estate, 2" Floor, S K Ahire Marg, Worli, Mumbai — 400 030 Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobili, Mysore Road, Bengaluru - 560059, India Tel: +91 80 6778 1000 | CIN: L72200MH1994PLC082110

Website: www.sonata-software.com email: info@sonata-software.com

BSR&Co.LLP

Chartered Accountants

Embassy Golf Links Business Park Pebble Beach, B Block, 3rd Floor No. 13/2, off Intermediate Ring Road Bengaluru - 560 071, India Telephone: +91 80 4682 3000 Fax: +91 80 4682 3999

Independent Auditor's Report

To the Board of Directors of Sonata Software Limited

Report on the audit of the Standalone Annual Financial Results

Opinion

We have audited the accompanying standalone annual financial results of Sonata Software Limited (hereinafter referred to as the "Company") for the year ended 31 March 2024, attached herewith, (in which are included financial results from 6 branches and an employee welfare trust) being submitted by the Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone annual financial results:

• are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; a. and
• b. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards, and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information for the year ended 31 March 2024.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those SAs are further described in the Auditor's Responsibilities for the Audit of the Standalone Annual Financial Results section of our report. We are independent of the Company, in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act, and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion on the standalone annual financial results.

Management's and Board of Directors'/Board of Trustees' Responsibilities for the Standalone Annual Financial Results

These standalone annual financial results have been prepared on the basis of the standalone annual financial statements.

The Company's Management and the Board of Directors are responsible for the preparation and presentation of these standalone annual financial results that give a true and fair view of the net profit/ loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Management and Board of Directors of the company/Board of Trustees of the employee welfare trust ("Trust") are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the company/trust and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records,

8 S R & Co, (a partnership firm with Registration No, BA61223) converted into B S R & Co, LLP (a Limited
Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013

Registered Office

14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063

B S R & Co. LLP

Independent Auditor's Report (Continued)

Sonata Software Limited

relevant to the preparation and presentation of the standalone annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the standalone annual financial results, the respective Management and the Board of Directors/Board of Trustees are responsible for assessing the company/trust to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors/Board of Trustees either intends to liquidate the company/trust or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors/Board of Trustees are responsible for overseeing the financial reporting process of the company/trust.

Auditor's Responsibilities for the Audit of the Standalone Annual Financial Results

Our objectives are to obtain reasonable assurance about whether the standalone annual financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone annual financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the standalone annual financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion. forgery, intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of financial statements on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the standalone annual financial results made by the Management and Board of Directors.
• Conclude on the appropriateness of the Management and Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the appropriateness of this assumption. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the standalone annual financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the standalone annual financial results, including the disclosures, and whether the standalone annual financial results represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

BSR&Co.LLP

Independent Auditor's Report (Continued)

Sonata Software Limited

Other Matters

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a. The standalone annual financial results include the results for the quarter ended 31 March 2024 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.

For B S R & Co. LLP

Chartered Accountants Firm's Registration No.: 101248W/W-100022

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pharcati

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Amrit Bhansali Partner Membership No.: 065155 UDIN:24065155BKEYNR8111

Mumbai

07 May 2024

SONATA SOFTWARE LIMITED

	Registered Office: 208, T.V. Industrial Estate, S.K. Ahire Marg, Worli, Mumbai - 400 030	SONATA SOFTWARE LIMITED
[Part I	www.sonata-software.com, Tel : +91-080-67781000, investor@sonata-software.com	CIN - L72200MH1994PLC082110	Corporate Office: Sonata Towers, Global Village, RVCE Post, Mysore Road, Bengaluru - 560 059
	Statement of audited standalone financial results for the quarter and year ended March 31, 2024					% in lakhs, except per share datal
	SI No. Particulars		Quarter ended		Year ended
		March 31, 2024 (Refer Note 8)	December 31, 2023 (Unaudited)	March 31, 2023 (Refer Note 8)	March 31, 2024 (Audited)	March 31, 2023 (Audited)
1 2	Revenue from operations Other income (Refer Note 5)	23,250 4,418	24,276 12,042	23,198 4,820	95,030 33,404	92,086 15,968
3 4	Total income (1 + 2) {Expenses (a) Purchase of stock-in-trade (traded goods)	27,668 1,507	36,318 1,457	28,018 2,608	128,434 7,539	108,054 10,219
	(b) Changes in inventories of stock-in-trade (c) Employee benefits expense	- 16,470	1 16,659	- 15,247	- 67,024	17 54,350
	(d) Finance costs (e) Depreciation and amortization expense (f) Other expenses	141 550 3,260	122 528 3,227	153 471 5,039	492 2,113 13,289	696 1,851 14,504
5	Total expenses Profit before tax (3 - 4)	21,928 5,740	21,994 14,324	23,518 4,500	90,457 37,977	81,637 26,417
6	Tax expense (1) Current tax	391	856	335	1,984	3,958
	(2) Deferred tax Total tax expense	182 573	(26) 830	665 1,000	113 2,097	422 4,380
7	Profit for the period (5 - 6) 8 Other comprehensive income	5,167	13,494	3,500	35,880	22,037
	1 Items that will not be reclassified to profit/(loss) (a) Remeasurement of the defined benefit plans (b) Income tax relating to Items that will not be reclassified to profit/(loss)	83 (21)	106 (27)	(446) 74	408 (103)	(463) 77
	2 Items that will be reclassified to profit or (loss) (a) Exchange differences in translating the financial statements of foreign
	Operations (b) Fair value changes on derivatives designated as cash flow hedge, net	16 134	(28) (442)	6 514	- 305	(5) (1,117)
	(c) Income tax relating to Items that will be reclassified to profit/(loss)	(37)	118	(67)	(76)	186
9	Total Total comprehensive income for the period (7 + 8)	175 5,342	(273) 13,221	81 3,581	534 36,414	(1,322) 20,715
10 11 12	Paid-up equity share capital (Face Value % 1/-) Other equity (Refer Note 7) Earnings per equity share (of = 1/- each) (Refer Note 4 & 6)	2,775 67,893	2,775 53,973	1,387 53,973	2,775 67,893	1,387 53,973

			(% in lakhs)
SI No.	Standalone Balance Sheet Particulars	As at March 31, 2024	As at March 31, 2023
1	ASSETS NON-CURRENT ASSETS	(Audited)	(Audited)
	(a) Property, plant and equipment (b) Right-of-use assets	2,953
		3,077	2,265 3,058
	(c) Capital work-in-progress (d) Goodwill	- 282	2 282
	(e) Financial assets (i) Investments	6,263	6,291
	(ii) Other financial assets (f) Deferred tax assets (net)	1,483 1,061	1,711 1,353
	(g) Income tax assets (net) (h) Other non-current assets	10,815 104	7,500 124
	CURRENT ASSETS	26,038	22,586
	(a) Financial assets (i) Investments	119	2,084
	(ii) Trade receivables (iii) Cash and cash equivalents	52,019 1,973	30,752 4,931
	(iv) Bank balances other than (iii) above (v) Other financial assets	6,764 1,824	14,416 664
	(b) Other current assets	6,545 69,244	4,806 57,653
	TOTAL - ASSETS	95,282	80,239
	EQUITY AND LIABILITIES EQUITY
	(a) Equity share capital (b) Other equity	2,775 67,893	1,387 53,973
	LIABILITIES	70,668	55,360
	NON-CURRENT LIABILITIES Financial liabilities
	Lease liabilities Other financial liabilities	2,295 1,540	2,468 661
	CURRENT LIABILITIES	3,835	3,129
	(a) Financial liabilities Borrowings	4	62
	Lease liabilities Trade payables	1,101	1,583
	Total outstanding dues of micro enterprises and small enterprises Total outstanding dues of creditors other than micro enterprises and small enterprises	86 8,529	157 10,709
	Other financial liabilities (b) Other current liabilities	3,298 4,410	2,391 3,572
	(c) Provisions (d) Current tax liabilities (net)	1,360 1,991 20,779	1,267 2,009

Standalone Cash Flow Statement		(2 in Lakhs)
Particulars	For the year ended March 31, 2024	March 31, 2023
A. CASH FLOW FROM OPERATING ACTIVITIES	(Audited)	(Audited)
Profit before tax	37,977	26,417
Adjustments for :
Depreciation and amortization expense Finance costs	2,113 492	1,851 696
Impairment loss recognised on trade receivable Provisions/ liabilities no longer required written back Interest income	224 (171) (823)	28 (85) (1,345)
Dividend income from long-term investments in subsidiaries Loss on sale of fixed assets / scrapped	(30,185) 13	(13,075) 19
Net (gain) on investments carried at fair value through profit and loss Gain on termination of lease	(159) (436)	(559) (466)
Expenses/(gain) on employee stock based compensation Exchange (gain)/loss on revaluation of investments	383 -	679 (53)
Net unrealized foreign exchange (gain)/loss Operating profit before working capital changes	(602) 8,826	97 14,204
Changes in operating assets and liabilities: Decrease/(increase) in trade receivables	(21,254)	(14,208)
Decrease/(increase) in Inventories Decrease/(increase) in other financial assets-current Decrease/(increase) in other financial assets non-current	- (1,526)	17 18
Decrease/(increase) in other non-current assets Decrease/(increase) in other current assets	159 23 (1,740)	8 (19) (2,777)
(Decrease)/increase in other financial liabilities non-current (Decrease)/increase in trade payables	804 (1,992)	661 1,113
(Decrease)/increase in other financial liabilities (Decrease)/increase in other current liabilities (Decrease)/increase in provisions	1,619 1,248 94	459 1,500
Net cash flow from operations Income taxes paid	(13,739) (5,316)	39 1,015 (6,474)
Net cash flow from operating activities (A)	(19,055)	(5,459)
Net cash from operating activities after exceptional items B. CASH FLOW FROM INVESTING ACTIVITIES
Acquisition of property, plant and equipment including capital work-in-progress	(1,799)	(1,782)
Proceeds from disposal of property, plant and equipment Investment in subsidiary	10 (89)	- -
Purchase of current investments Proceeds from sale of current investments Investment in bank deposits	(64,785) 66,966 7,844	(52,618) 59,037 (12,144)
Interest received Dividend received from subsidiary	988 30,185	2,142 13,075
Inter corporate deposits given Inter corporate deposits recovered	14,570 (14,570)	9,410 (9,410)
Net cash flow from investing activities (B) C. CASH FLOW FROM FINANCING ACTIVITIES	39,320	7,710
Proceeds/(repayment) from/(of) short-term borrowings (net) Payment of lease liabilities	(58) (1,574)	62 (1,875)
Payment of dividend Proceeds from issue of shares on exercise of employee stock options	(21,891) 362	(23,240) 2
Interest paid Net cash flow used in financing activities (C)	(44) (23,205)	(25) (25,076)
Net increase/(decrease) in Cash and cash equivalents (A+B+C)	(2,940)	(22,825)
	4,931	27,848
Opening Cash and cash equivalents	(18) 1,973	(92) 4,931
Exchange difference on translation of foreign currency Cash and cash equivalents. Closing Cash and cash equivalents
Cash and cash equivalents at the end of the period comprises: Balances with banks
In current accounts In EEFC accounts In demand deposit accounts	665 207 1,101	771 185 3,975

Notes:

The standalone financial results above is prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules issued thereafter. These audited standalone financial results thereafter have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 07, 2024. The statutory auditors, B S R & Co. LLP have expressed an unmodified audit opinion on standalone financial results.

The above audited standalone financial results are filed with Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015 as amended from time to time and are available on the Stock Exchange websites, www.nseindia.com and www.bseindia.com, and on the Company's website, www.sonata-software.com.

• The Company also publishes audited consolidated financial results in addition to audited standalone financial results. In accordance with Ind AS 108 Operating Segments, the Company has disclosed the segment information in the audited consolidated financial results.
• The Board of Directors recommended a final dividend of 2 4.40 /- (440% on par value of 2 1/-) per equity share for the financial year ended March 31, 2024. The payment is subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company.
• Earnings per share (EPS) for quarterly periods are not annualised.
• Other income for the quarter ended March 31, 2024 includes dividend income received from subsidiaries, Sonata Information Technology Limited = 3,000 Lakhs and Encore IT Service Solutions Private Limited = 500 lakhs. For the year ended March 31, 2024 other income includes dividend income received from subsidiaries, Sonata Information Technology Limited 2 18,500 Lakhs and Encore IT Service Solutions Private Limited = 1,100 lakhs, Sonata Australia Pty Ltd = 1,785 lakhs, Sonata Software Solutions Limited = 8,800 lakhs.
• The Company has allotted 140,212,408 Equity Shares of Re. 1/- each, credited as fully paid as bonus equity shares to the eligible Members of the Company as on the record date of December 12, 2023 in the ratio of 01 (One) new fully paid-up equity share for every 01 (One) existing fully paid-up equity shares (1:1). The EPS for all the periods presented have been adjusted to this effect as required by "Ind AS 33: Earnings per Share".
• The other equity with respect to quarter ended March 31, 2023 and quarter ended December 31, 2023 represents balance as per the audited Balance Sheet of the previous year as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015
• The figures for the quarter ended March 31, 2024 and March 31 2023, are balancing figures arrived based on audited results of the full financial year and published year to date unaudited figures for nine months ended December 31, 2023 and December 31, 2022. The statutory auditors have performed a limited review on the results for the nine months ended December 31, 2023 and December 31, 2022.

For and on NM of the Board of Directors

NN Aor a * Samir Dhir

Date : May 07, 2024 Managing Director & CEO

Place : Mumbai

$BSR & Co. H$

Chartered Accountants

Embassy Golf Links Business Park Pebble Beach, B Block, 3rd Floor No. 13/2, off Intermediate Ring Road Bengaluru - 560 071, India Telephone: +91 80 4682 3000 Fax: +91 80 4682 3999

Independent Auditor's Report

To the Board of Directors of Sonata Software Limited

Report on the audit of the Consolidated Annual Financial Results

Opinion

We have audited the accompanying consolidated annual financial results of Sonata Software Limited (hereinafter referred to as the "Holding Company") and the subsidiaries (Holding Company and the subsidiaries together referred to as "the Group"), for the year ended 31 March 2024, attached herewith, (in which are included financial results from 10 branches) being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of report of other auditors on separate financial statements of the subsidiaries referred to in paragraph (a) of "Other Matters" section below, the aforesaid consolidated annual financial results:

• include the annual financial results of the entities mentioned in Annexure I to the aforesaid consolidated a. annual financial results.
• are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; b. and
• give a true and fair view in conformity with the recognition and measurement principles laid down in the c. applicable Indian Accounting Standards, and other accounting principles generally accepted in India, of consolidated net profit and other comprehensive income and other financial information of the Group for the vear ended 31 March 2024.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those SAs are further described in the Auditor's Responsibilities for the Audit of the Consolidated Annual Financial Results section of our report. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act, and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us along with the consideration of reports of the other auditors referred to in sub paragraph no. (a) of the "Other Matters" paragraph below, is sufficient and appropriate to provide a basis for our opinion on the consolidated annual financial results.

Management's and Board of Directors' Responsibilities for the Consolidated Annual Financial Results

These consolidated annual financial results have been prepared on the basis of the consolidated annual financial statements.

The Holding Company's Management and the Board of Directors are responsible for the preparation and presentation of these consolidated annual financial results that give a true and fair view of the consolidated net profit/ loss and other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133

B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. L1P (a Limited
Liability Partnership with LLP Registration No. AAB-3131) with effect from October 14, 2013

Registered Office:

14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, /estern Express Highway, Goregaon (East), Mumbai - 400063

Independent Auditor's Report (Continued)

Sonata Software Limited

of the Act and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Management and Board of Directors of the entities included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of each entity and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated annual financial results by the Management and the Board of Directors of the Holding Company, as aforesaid.

In preparing the consolidated annual financial results, the respective Management and the Board of Directors of the entities included in the Group are responsible for assessing the ability of each entity to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective management and Board of Directors either intends to liquidate the entities or to cease operations, or has no realistic alternative but to do so.

The respective management and Board of Directors of the entities included in the Group is responsible for overseeing the financial reporting process of each entity.

Auditor's Responsibilities for the Audit of the Consolidated Annual Financial Results

Our objectives are to obtain reasonable assurance about whether the consolidated annual financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated annual financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the consolidated annual financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of financial statements on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the consolidated annual financial results made by the Management and Board of Directors.
• Conclude on the appropriateness of the Management and Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the appropriateness of this assumption. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the consolidated annual financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern.

Independent Auditor's Report (Continued)

Sonata Software Limited

• Evaluate the overall presentation, structure and content of the consolidated annual financial results, including the disclosures, and whether the consolidated annual financial results represent the underlying transactions and events in a manner that achieves fair presentation.
• Obtain sufficient appropriate audit evidence regarding the financial statements of the entities within the Group to express an opinion on the consolidated annual financial results. We are responsible for the direction, supervision and performance of the audit of financial statements of such entities included in the consolidated annual financial results of which we are the independent auditors. For the other entities included in the consolidated annual financial results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion. Our responsibilities in this regard are further described in sub paragraph no. (a) of the Other Matters paragraph in this audit report.

We communicate with those charged with governance of the Holding Company and such other entities included in the consolidated annual financial results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

We also performed procedures in accordance with the circular No CIR/CFD/CMD1/44/2019 issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.

Other Matters

The consolidated annual financial results include the audited financial results of 2 subsidiaries, whose financial a. statements reflects total assets (before consolidation adjustments) of Rs. 22,164 lakhs as at 31 March 2024, total revenue (before consolidation adjustments) of Rs. 24,285 lakhs and total net (loss) after tax (before consolidation adjustments) of Rs. 188 lakhs and net cash outflows (before consolidation adjustments) of Rs 199 lakhs for the year ended on that date, as considered in the consolidated annual financial results, which have been audited by their respective independent auditors. The independent auditor's reports on financial statements of these entities have been furnished to us by the management.

Our opinion on the consolidated annual financial results, in so far as it relates to the amounts and disclosures included in respect of these entities, is based solely on the reports of such auditors and the procedures performed by us are as stated in paragraph above.

Our opinion on the consolidated annual financial results is not modified in respect of the above matter with respect to our reliance on the work done and the reports of the other auditors.

h. The consolidated annual financial results include the unaudited financial results of 18 subsidiaries, whose financial statements reflects total assets (before consolidation adjustments) of Rs. 13,704 lakhs as at 31 March 2024, total revenue (before consolidation adjustments) of Rs. 42,581, total net profit after tax (before consolidation adjustments) of Rs. 4,446 lakhs and net cash outflows (before consolidation adjustments) of Rs 467 lakhs for the year ended on that date, as considered in the consolidated annual financial results, have been furnished to us by the Board of Directors.

Our opinion on the consolidated annual financial results, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on such financial statements. In our opinion and according to the information and explanations given to us by the Board of Directors, these financial statements not material to the Group.

Our opinion on the consolidated annual financial results is not modified in respect of the above matter with respect to the financial statements certified by the Board of Directors.

BSR&Co.LLP

Independent Auditor's Report (Continued)

Sonata Software Limited

The consolidated annual financial results include the results for the quarter ended 31 March 2024 being the C. balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.

For B S R & Co. LLP

Chartered Accountants

Firm's Registration No.: 101248W/W-100022

Rhansel's Amrit Bhansali

Partner Membership No.: 065155 UDIN:24065155BKEYNT6171

Mumbai

07 May 2024

Independent Auditor's Report (Continued)

Sonata Software Limited

Annexure I

$\widetilde{\mathbf{x}}_i$

List of entities included in consolidated annual financial results.

Sr. No	Name of component	Relationship
1	Sonata Software Limited	Parent
$\overline{2}$	Sonata Information Technology Limited	Subsidiary
3	Sonata Software Solutions Limited	Subsidiary
4	Sonata Europe Limited	Subsidiary
5	Sonata Software North America Inc.	Subsidiary
6	Sonata Australia Pty Ltd (formerly known as "Scalable Data) Systems Pty Ltd")	Subsidiarv
7	Sonata Software (Qatar) LLC	Subsidiary
8	Encore IT Services Solutions Private Limited	Subsidiary
9	Sonata Software GmbH	Subsidiary
10	Sonata Software Intercontinental Limited	Subsidiary
11	Sonata Software Malaysia SDN. BHD.	Subsidiary
12	Sonata Software LLC (formerly known as Sopris Systems LLC)	Step-down Subsidiary
13	Encore Software Services, Inc.	Step-down Subsidiary
14	Sonata Software Canada Limited	Step-down Subsidiary
15	GAPbuster Limited	Step-down Subsidiary
16	Sonata Software Japan KK (formerly known as Kabushiki Kaisha GAPbuster Japan)	Step-down Subsidiary
17	GAPbuster Europe Limited	Step-down Subsidiary
18	GAPbuster Inc.	Step-down Subsidiary
19	Sonata Software (Shanghai) Co., Ltd (formerly known as GAPbuster China Co. Ltd)	Step-down Subsidiary
20	Sonata Software Worldwide Malaysia SDN. BHD. (formerly Step-down Subsidiary known as GAPbuster Worldwide Malaysia SDN. BHD.)
21	GAPbuster Worldwide Pty Ltd	Step-down Subsidiary
22	Sonata Latin America S. DE R.L. DE C.V.	Step-down Subsidiary
23	Quant Systems Inc.	Step-down Subsidiary
24	Quant Cloud Solutions Private Limited	Step-down Subsidiary

$\mathcal{G}_\mathbf{a}$

Page 5 of 6

BSR&Co.LLP

$\sim 10$

Independent Auditor's Report (Continued)

Sonata Software Limited

$\mathcal{U}^{\pm}_{\bullet}$

g.

Sr. No.	Name of component	Relationship
25	Woodshed LLC	Step-down Subsidiary
26	Quant Systems CRC Inc Sociedad de Responsabilidad Limitada (CRC LLC)	Step-down Subsidiary

$\sim 100$

$\mathbb{A}_{\mathcal{V}}$

$\mathbf{X}$

SONATA SOFTWARE LIMITED Registered Office: 208, T.V. Industrial Estate, S.K. Ahire Marg, Worli, Mumbai - 400 030 Corporate Office: Sonata Towers, Global Village, RVCE Post, Mysore Road, Bengaluru - 560 059 CIN - L72200MH1994PLC082110

	Registered Office: 208, T.V. Industrial Estate, S.K. Ahire Marg, Worli, Mumbai - 400 030	SONATA SOFTWARE LIMITED
	Corporate Office: Sonata Towers, Global Village, RVCE Post, Mysore Road, Bengaluru - 560 059 www.sonata-software.com, Tel	CIN - L72200MH1994PLC082110	: +91-080-67781000, investor @sonata-software.com
[Part I	Statement of audited consolidated financial results for the quarter and year ended March 31, 2024					& in lakhs, except per share datal
	SINo. Particulars	March 31, 2024 (Refer Note 6)	Quarter ended December 31, 2023 lited) (L	March 31, 2023 (Refer Note 6)	Year ended March 31, 2024 (Audited)	March 31, 2023 (Audited)
1 2	Revenue from operations Other income	219,161 5,470	249,335 1,951	191,350 2,497	861,306 12,555,	744,912 7,082
3 4	Total income (1+ 2) Expenses (a) Purchase of stock-in-trade (traded goods)	224,631 147,846	251,286 168,688	193,847	873,861
	(b) Changes in inventories of stock-in-trade					751,994
	(c) Employee benefits expense	846 33,116	7,518 33,744	134,900 1,173 25,679	588,887 (6,918) 133,456	548,163 (2,589) 93,311
	(d) Finance costs (e) Depreciation and amortization expense (f) Other expenses	2,157 3,367 22,941	2,194 3,372 18,614	717 1,892 14,438	8,501 13,193 73,138	1,854 5,913 45,614
5	Total expenses Profit before exceptional item and tax (3 - 4)	210,273 14,358	234,130 17,156	178,799 15,048	810,257 63,604	692,266 59,728
6	Exceptional item (Refer Note 9) Changes in fair value of contingent consideration payable	-	17,466	-	17,466	-
7	{Profit before tax (5 - 6)	14,358	(310)	15,048	46,138	59,728
8	Tax expense (1) Current tax (2) Deferred tax	3,899 (577)	5,531 (1,225)	4,435 (764)	19,234 (3,946)	16,709 (2,171)
	Total tax expense 9 Profit for the period (7 - 8)	3,322 11,036	4,306 (4,616)	3,671 11,377	15,288 30,850	14,538 45,190
10	Other comprehensive income
	1 Items that will not be reclassified to profit/(loss) (a) Remeasurement of the defined benefit plans (b) Income tax relating to Items that will not be reclassified to profit/(loss)	(14) 3	49 (15)	(547) 134	256 (65)	(662) 162
	2 Items that will be reclassified to profit or (loss) (a) Exchange differences in translating the financial statements of foreign
	operations (b) Fair value changes on derivatives designated as cash flow hedge, net (c) Income tax relating to Items that will be reclassified to profit/(loss)	(308) 322 (3)	372 (933) 123	(149) (51) 43	171 669 (211)	873 (3,539) 652
11	Total Total comprehensive income for the period (9 + 10)	- 11,036	(404) (5,020)	(570) 10,807	820 31,670	(2,514) 42,676
	Of the total comprehensive income above, profit for the period attributable to: Owners of the Company	11,036	(4,616)	11,377	30,850	45,190
	Non - controlling interest Of the total comprehensive income above, other comprehensive income for the	- 11,036	- (4,616)	- 11,377	- 30,850	- 45,190
	period attributable to: Owners of the Company Non - controlling interest	- -	(404) -	(570) -	820 -	(2,514) -
	Of the total comprehensive income above, total comprehensive income attributable to:	-	(404)	(570)	820	(2,514)
	Owners of the Company Non - controlling interest	11,036 -	(5,020) -	10,807 -	31,670 -	42,676 -
12	Paid-up equity share capital (Face Value % 1/-)	11,036 2,775	(5,020) 2,775	10,807 1,387	31,670 2,775	42,676 1,387
13 14	Other equity (Refer Note 7) Earnings / (loss) per equity share (of % 1/- each) (Refer Note 4 & 5) (a) Basic (in 2)	137,854 3.97	128,678 (1.66)	128,678 4.10	137,854 11.12	128,678 16.29

	Consolidated Balance Sheet		(2 in lakhs)
SINo.	Particulars	As at March 31, 2024	As at March 31, 2023
	ASSETS	(Audited)	(Audited)
1	NON-CURRENT ASSETS (a) Property, plant and equipment (b) Right-of-use assets	5,176 8,097	4,800 8,281
	(c) Capital work-in-progress (d) Goodwill	- 111,346	82 109,837
	(e) Other intangible assets (f) Financial assets (i) Investments	42,481 1,299	50,309 1,396
	(ii) Other financial assets (g) Deferred tax assets (net)	3,823 8,844	4,192 -
	(h) Income tax assets (net) (i) Other non-current assets Total	25,941 348 207,355	14,935 348 194,180
2	CURRENT ASSETS (a) Inventories	9,800	2,882
	(b) Financial assets (i) Investments (ii) Trade receivables	23,208 160,508	20,580 123,622
	(iii) Cash and cash equivalents (iv) Bank balances other than (iii) above	53,602 32,895	41,740 31,286
	(v) Other financial assets (c) Other current assets (d) Asset held-for-sale	5,459 22,085	1,406 17,459 2,533
	Total current assets TOTAL ASSETS	- 307,557	241,508
	EQUITY AND LIABILITIES EQUITY	514,912	435,688
3	(a) Equity share capital (b) Other equity	2,775 137,854	1,387 128,678
	Total LIABILITIES	140,629	130,065
4	NON-CURRENT LIABILITIES (a) Financial liabilities
	(i) Borrowings (ii) Lease liabilites (iii) Other financial liabilities	43,101 6,700 2,757	30,506 6,751 44,964
	(iv) Deferred tax liabilities (net)	12,397 64,955	7,069 89,290
5	CURRENT LIABILITIES (a) Financial liabilities (i) Borrowings	24,329	18,852
	(ii) Lease liabilites (iii) Trade payables	2,416	2,941
	Total outstanding dues of micro enterprises and small enterprises Total outstanding dues of creditors other than micro enterprises and small enterprises (iv) Other financial liabilities	305 141,290 100,159	164 129,323 42,218
	(b) Other current liabilities (c) Provisions	24,111 3,698	10,515 3,106
	(d) Current tax liabilities (net) Total current liabilities	13,020 309,328	9,214 216,333
	TOTAL EQUITY AND LIABILITIES	514,912	435,688

Consolidated Cash Flow Statement
Particulars	For the year ended	(2 in Lakhs)
	March 31, 2024 (Audited)	March 31, 2023 (Audited)
A. CASH FLOW FROM OPERATING ACTIVITIES:
Profit before tax Adjustments for :	46,138	59,728
Depreciation and amortization expense Changes in fair value of contingent consideration	13,193 17,466	5,913 -
Finance costs Impairment (gain)/loss recognised on trade receivable Provisions/ liabilities no longer required written back	8,501 2,347 (5,450)	1,809 628 (465)
Interest Income Net (gain) / loss on sale of property, plant and equipment / scrapped	(3,423) 41	(2,643) 25
Net (gain) on investments carried at fair value through profit and loss Gain on termination of lease Expenses on employee stock based compensation	(1,276) (492) 383	(1,523) (466) 679
Net unrealized foreign exchange (gain) / loss Operating profit before working capital changes	(2,206) 75,222	(1,639) 62,046
Changes in operating assets and liabilities: Decrease/(Increase) in trade receivables	(38,789)	(31,258)
Decrease/(Increase) in inventories Decrease/(increase) in other financial assets non-current	(6,918) (160)	(2,590) (397)
Decrease/(increase) in other financial assets current Decrease/(increase) in other non-current assets Decrease/(increase) in other current assets	(4,651) 2 (4,629)	(7,829) 16 (4,525)
Decrease/(increase) Asset held-for-sale (Decrease)/Increase in trade payables	- 17,675	(2,533) 25,432
(Decrease)/increase in other financial liabilities non-current (Decrease)/increase in other financial liabilities (Decrease)/increase in other current liabilities	2,083 - 13,853	(2,974) 6,785 1,956
(Decrease)/increase in provisions Net cash flow from / (used in) operations	592 54,280	256 44,385
Income taxes paid	(26,226)	(17,543)
Net cash flow from / (used in) operating activities (A)	28,054	26,842
B. CASH FLOW FROM INVESTING ACTIVITIES
Acquisition of property, plant and equipment including intangible assets, capital-work-in progress Proceeds from disposal of property, plant and equipment	(2,539) 2,547	(4,105) (5)
Purchase of current investments	(572,319) (7,264) 571,075	(499,637) (52,939) 495,035
Payment in relation to business acquisition	(255) 3,324	(27,691) 3,808
Proceeds from sale of current investments Investment in bank deposits Interest received	(5,431)	(85,534)
Net cash flow from / (used in) investing activities (B)	(3,337) 9,756	(3,258) 14,733
C. CASH FLOW FROM FINANCING ACTIVITIES Payment of lease liabilities Proceeds from short-term borrowings	(7,900)	(14,512) - 45,128
Repayment of short-term borrowings Repayment of term loan	(46,780)
Proceeds from long-term borrowings Payment of dividend Proceeds from issue of shares on exercise of ESOP	62,183 (21,891) 362	(23,241) 2
Interest paid Net cash flow used in financing activities (C)	(3,243) (10,850)	(177) 18,675
Net increase/(decrease) in cash and cash equivalents (A+B+C)	11,773	(40,017)
Opening cash and cash equivalents Cash and cash equivalents on acquisition of subsidiaries during the year	41,740 -	73,369 8,759
Exchange difference on translation of foreign currency cash and cash equivalents Closing Cash and cash equivalents	89 53,602	(371) 41,740
Cash and cash equivalents at the end of the period comprises: Cash on hand	1	2
Balances with banks In Current accounts In EEFC accounts	15,439 1,072	25,365 1,002

Notes:

The consolidated financial results is prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules issued thereafter. These audited Consolidated financial results thereafter have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 07, 2024. The statutory auditors, B S R & Co. LLP have expressed an unmodified audit opinion on the consolidated financial results.

The above audited Consolidated financial results are filed with Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015 as amended from time to time and are available on the Stock Exchange websites, www.nseindia.com and www.bseindia.com, and on the Company's website, www.sonata-software.com.

• Audited consolidated financial results include financial results of subsidiaries i.e., Sonata Information Technology Limited, Sonata Software North America Inc. (SSNA), Interactive Business Information Systems Inc. (Merged with SSNA with effect from November 17, 2022), Sonata Software GmbH, Sonata Europe Limited (SEL), Sonata Software FZ-LLC (Closed w.e.f. May 19, 2023), Sonata Software (Qatar) LLC, Sonata Australia Pty Ltd, Sonata Software LLC (formerly known as Sopris Systems LLC), Sonata Software Solutions Limited, Sonata Software (Shanghai) Co., Ltd (formerly known as GAPbuster China Co. Ltd), GAPbuster Europe Limited, GAPbuster Inc., GAPbuster Limited, Sonata Software Worldwide Malaysia SDN. BHD. (formerly known as GAPbuster Worldwide Malaysia SDN BHD), GAPbuster Worldwide Pty Limited, Sonata Software Japan KK (formerly known as Kabushiki Kaisha GAPbuster Japan), Encore Software Services, Inc., Encore IT Services Solutions Private Limited, Sonata Software Intercontinental Limited, Sonata Software Canada Limited, Sonata Latin America S. DE R.L. DE C.V., Quant Systems Inc. (w.e.f. March 10, 2023), Quant Systems CRC Inc Sociedad De Responsabilidad Limitada (CRC LLC) (w.e.f. March 10, 2023), Quant Cloud Solutions Private Limited (w.e.f. March 10, 2023), Woodshed LLC (w.e.f. March 10, 2023) and Sonata Software Malaysia SDN. BHD (w.e.f. June 13, 2023). Profit after tax 5,167 13,494 3,500 35,880 22,037
• The Board of Directors recommended a final dividend of 2 4.40/- (440% on par value of % 1/-) per equity share for the financial year ended March 31, 2024. The payment is subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company.
• EPS for quarterly periods are not annualised.
• Sonata Software Limited (Holding Company) allotted 140,212,408 Equity Shares of Re. 1/- each, credited as fully paid as bonus equity shares to the eligible Members of the Holding Company whose names appear in the Register of Members of the Company as on the record date of December 12, 2023 in the ratio of 01 (One) new fully paid-up equity share for every 01 (One) existing fully paid-up equity shares (1:1). The EPS for all the periods presented have been adjusted to this effect as required by "Ind AS 33: Earnings Per Share".
• The figures for the quarter ended March 31, 2024 and March 31, 2023, are balancing figures arrived based on audited results of the full financial year and published year to date unaudited figures for nine months ended December 31, 2023 and December 31, 2022 respectively. The statutory auditors have performed a limited review on the results for the nine months ended December 31, 2023 and December 31, 2022.
• The other equity with respect to each quarter ended March 31, 2023 and December 31, 2023 represents balance as per the audited consolidated Balance Sheet of the previous year as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. Audited standalone financial results (in lakhs)

		Quarter ended		Year ended
Particulars	March 31, 2024	December 31, 2023	March 31, 2023.	March 31, 2024	March 31, 2023
	(Refer Note 6)	(L Jited)	(Refer Note 6)	(Audited)	(Audited)
Revenue from operations	23,250	24,276	23,198	95,030	92,086
Profit before tax	5,740	14,324	4,500	37,977	26,417

Woodshed LLC (w.e.f. March 10, 2023) and Sonata Software Malaysia SDN. BHD (w.e.f. June 13, 2023).
The Board of Directors recommended a final dividend of 2 4.40/- (440% on par value of % 1/-) per equity share for the financial year ended March 31, 2024. The payment is subject to the
approval of the shareholders in the ensuing Annual General Meeting of the Company.
EPS for quarterly periods are not annualised. Sonata Software Limited (Holding Company) allotted 140,212,408 Equity Shares of Re. 1/- each, credited as fully paid as bonus equity shares to the eligible Members of the Holding
Company whose names appear in the Register of Members of the Company as on the record date of December 12, 2023 in the ratio of 01 (One) new fully paid-up equity share for every 01
(One) existing fully paid-up equity shares (1:1). The EPS for all the periods presented have been adjusted to this effect as required by "Ind AS 33: Earnings Per Share".
The figures for the quarter ended March 31, 2024 and March 31, 2023, are balancing figures arrived based on audited results of the full financial year and published year to date unaudited figures for nine months ended December 31, 2023 and December 31, 2022 respectively. The statutory auditors have performed a limited review on the results for the nine months ended
December 31, 2023 and December 31, 2022.
The other equity with respect to each quarter ended March 31, 2023 and December 31, 2023 represents balance as per the audited consolidated Balance Sheet of the previous year as required by SEBI (Listing and Other Disclosure Requirements) Regulations,	2015.
Audited standalone financial results					(in lakhs)
Particulars	March 31, 2024	Quarter ended December 31, 2023	March 31, 2023.	Year ended March 31, 2024	March 31, 2023
	(Refer Note 6)	(L Jited)	(Refer Note 6)	(Audited)	(Audited)
Revenue from operations	23,250	24,276	23,198	95,030	92,086
Profit before tax	5,740	14,324	4,500	37,977	26,417
The results for the quarter and year ended March 31, 2024, are available on the Company's website at www.sonata-software.com and also on the website of BSE Limited at
www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com, where the shares of the Company are listed.
Sonata Software North America Inc., (SSNA) a wholly owned subsidiary of Sonata Software Limited, acquired 100% stake in the Quant systems inc., (Quant) on March 10, 2023 for a
purchase consideration of USD 159 mn (INR 130,348 Lakhs) (net of working capital) including cash consideration of USD 70.70 mn (INR 57,960 Lakhs) and USD 88.30 mn (INR 72,388 Lakhs) of contingent consideration payable over 2 years. During the quarter ended December 31, 2023, the Company has re-measured the fair value of the contingent consideration payable to be
USD 105.42 mn (INR 87,719 Lakhs), thereby an increase of USD 17.12 mn (INR 14,244 Lakhs). Similarly, the Company has re-measured the fair value of the contingent consideration payable
with respect to an earlier acquisition, which has resulted in the change in fair value by USD 3.87 mn (INR 3,222 Lakhs). The above changes in fair value of contingent consideration payable
amounting to USD 20.99 mn (INR 17,466 Lakhs) is owing to better financial performance of the acquired entities and are recorded in the Statement of Profit and Loss. The Management has disclosed the above changes in fair value as an 'exceptional item', considering the significance of the amount and its non-recurring nature.
The CEO & MD of the Company has been identified as the Chief Operating Decision Maker (CODM) as defined by Ind AS 108, Operating Segments. Information reported to the CODM for the purposes of resource allocation and assessment of segment performance focuses on geographical territory; Accordingly, the reportable segments are "India" and "Other than India"
The consolidated segment wise revenue and results are as follows :					(in lakhs)
Particulars		Quarter ended		Year ended
	March 31, 2024	December 31, 2023	March 31, 2023.	March 31, 2024	March 31, 2023
1. Segment revenue	(Refer Note 6)	(L Jited)	(Refer Note 6)	(Audited)	(Audited)
a. India	119,223	148,724	110,846	491,261	485,766
b. Other than India Total	100,133 219,356	101,045 249,769	80,815 191,661	371,844 863,105	260,087 745,853
Less : Inter segment revenue	(195)	(434)	(311)	(1,799)	(941)
Revenue from operations	219,161	249,335	191,350	861,306	744,912
2. Segment results
Profit before tax, interest, depreciation and amortization
a. India b. Other than India	4,964 13,764	5,378 16,338	5,277 10,224	19,733 59,348	21,329 40,720
Total	18,728	21,716	15,501	79,081	62,049
Less: Depreciation and amortization	(3,367)	(3,372)	(1,892)	(13,193)	(5,913)
Less: Finance costs Add: Unallocable income net of unallocable expenditure	(2,157) 1,154	(2,194) 1,006	(717) 2,156	(8,501) 6,217	(1,854) 5,446
3. Profit before exceptional item and tax Exceptional item	14,358	17,156	15,048	63,604	59,728
- Changes in fair value of contingent consideration payable	-	17,466	-	17,466	-
4. Profit before tax	14,358	(310)	15,048	46,138	59,728
The consolidated segment wise assets and liabilities are as follows :			(8 in lakhs)
Particulars +	March 31, 2024	December 31, 2023	March 31, 2023
	(Audited)	(L Jited)	(Audited)
4. Segment assets
a. India b. Other than India	145,582 334,545	128,660 308,027	115,386 283,874
c. Unallocable	34,785	33,793	36,428
Total assets	514,912	470,480	435,688
5. Segment lia
a. India	143,509	130,692	114,373
b. Other than India c. Unallocable	205,357 25,417	184,549 25,742	174,967 16,283
Total liabiliti 6. Capital employed (4-5)	374,283 140,629	340,983 129,497	305,623 130,065

The consolidated segment wise assets and liabilities are as follows :	(8 in lakhs)
+ Particulars	March 31, 2024	December 31, 2023	March 31, 2023
	(Audited)	(L Jited)	(Audited)
4. Segment assets
a. India	145,582	128,660	115,386
b. Other than India	334,545	308,027	283,874
c. Unallocable	34,785	33,793	36,428
Total assets	514,912	470,480	435,688
5. Segment lia
a. India	143,509	130,692	114,373
b. Other than India	205,357	184,549	174,967
c. Unallocable	25,417	25,742	16,283
Total liabiliti	374,283	340,983	305,623

For and on Nu of the Board of Directors sno Ow —*

Place : Mumbai Samir Dhir Date : May 07, 2024 Managing Director & CEO

Sonata Software: International Services Dollar revenue for FY'24 of 323.6 Mn grew 34.3% YoY. Domestic business delivered Gross contribution for FY'24 of 260.4 Cr 18.6% YoY growth in INR. The Board recommends a final dividend of ₹ 4.40 per share (FY'24 total dividend ₹ 7.90 per share).

Mumbai, May 07, 2024

Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leader in Modernization Engineering, today reported its audited financial results for its Financial Year ended March 31, 2024.

								in ₹ Crores
Description	For the Quarter ended					For the year ended
	31-Mar-24	31-Dec-23	QoQ	31-Mar-23	YoY	31-Mar-24	31-Mar-23	YoY
Revenues
International IT Services	679.0	696.8	-3%	533.5	27%	2,679.6	1,920.4	40%
Domestic- Products & Services	1,514.5	1,800.3	-16%	1,383.4	9%	5,950.5	5,540.4	7%
Consolidated	2,191.6	2,493.4	-12%	1,913.5	15%	8,613.1	7,449.1	16%
EBITDA
International IT Services	143.2	168.5	-15%	123.5	16%	627.7	482.0	30%
Domestic- Products & Services	56.2	59.2	-5%	54.0	4%	228.3	196.8	16%
Consolidated	198.8	227.2	-12%	176.6	13%	853.0	675.0	26%
PAT before exceptional item
International IT Services	70.3	85.9	-18%	74.8	-6%	319.8	310.7	3%
Domestic- Products & Services	40.1	42.6	-6%	39.0	3%	163.3	141.2	16%
Consolidated	110.4	128.5	-14%	113.8	-3%	483.2	451.9	7%
PAT after exceptional item
International IT Services	70.3	(88.8)	-	74.8	-	145.1	310.7	-
Domestic- Products & Services	40.1	42.6	-6%	39.0	3%	163.3	141.2	16%
Consolidated	110.4	(46.2)	-	113.8	-	308.5	451.9	-

Speaking on the quarterly results Mr. Samir Dhir, MD & CEO of the Company said, "We remain optimistic about our long-term vision and growth prospects. In FY24, our international business delivered industry leading 34.3% growth YoY. During the Q4, large deals decisioning delays & associated costs resulted in sequential degrowth both in our international revenue USD terms by 2.4% QoQ, and consolidated PAT of 14.1% QoQ. Despite Q4 and shortterm headwinds, as we reflect on the year, we have taken significant steps towards our long-term goals."

Speaking on the results Mr. Sujit Mohanty, MD & CEO of Sonata Information Technology Limited said, "Our PAT de-grew by 6% QoQ due to seasonality; however, Annual PAT grew 16% over the previous year. We had fruitful engagements with our existing customers through targeted GTMs which helped us expand our business from our existing customer base."

Performance Highlights for the Q4'24 & FY'24:

• Consolidated:

➢ Revenues for Q4'24 at ₹ 2,191.6 crores; QoQ de-growth of 11.8%. Revenues for FY'24 at ₹ 8,613.1 crores; YoY growth of 15.6%.

• ➢ EBITDA for Q4'24 is ₹ 198.8 crores; QoQ de-growth of 12.5%. EBITDA for FY'24 at ₹ 853.0 crores; YoY growth of 26.4%.
• ➢ PAT for Q4'24 stood at ₹ 110.4 Crores; QoQ de-growth of 14.1%. PAT (before exceptional items) for FY'24 stood at ₹ 483.2 Crores; YoY growth of 6.9%.
• ➢ Net Cash and equivalents of approximately ₹ 441.3 Crores (net of borrowings).

• International IT Services:

• ➢ Revenues for Q4'24 at ₹ 679.0 crores; QoQ de-growth of 2.6%. Revenues for FY'24 at ₹ 2,679.6 crores; YoY growth of 39.5%.
• ➢ Revenue for Q4'24 in USD at 81.7 Mn, QoQ de-growth of 2.4%. Revenue for FY'24 in USD at 323.6 Mn YoY growth of 34.3%.
• ➢ EBITDA for Q4'24 at ₹ 143.2 crores; QoQ de-growth of 15.2%. EBITDA for FY'24 at ₹ 627.7 crores; YoY growth of 30.2%
• ➢ PAT for Q4'24 stood at ₹ 70.3 Crores; QoQ de-growth of 18.2%. PAT (before exceptional items) for FY'24 stood at ₹ 319.8 Crores; YoY growth of 2.9%.
• ➢ DSO at 45 days (same as Q3'24)
• ➢ 18 New Customer added during the quarter.
• ➢ Strong growth from digital based competencies like Managed cloud services and Digital PlatformationTM Services (Microsoft & Open source) and focused verticals like TMT, Healthcare & Life Sciences, Manufacturing, Retail / CPG/ TTH, BFSI and Emerging.
• ➢ Our pipeline continues to be healthy and strong through multiple new digital wins from existing and new customers.

• Domestic Products & Services:

• ➢ Revenues for Q4'24 at ₹ 1,514.5 crores; QoQ de-growth of 15.9%. Revenues for FY'24 at ₹ 5950.5 crores; YoY growth of 7.4%
• ➢ Gross contribution for Q4'24 at ₹ 64.8 Crs de-grew by 9.1% QoQ. Gross contribution for FY'24 at ₹ 260.4 Crs grew by 18.6% YoY
• ➢ EBITDA for Q4'24 at ₹ 56.2 crores; QoQ de-growth of 4.5%. EBITDA for FY'24 at ₹ 228.3 crores; YoY growth of 16.0%
• ➢ PAT for Q4'24 at ₹ 40.1 crores; QoQ de-growth of 5.9%. PAT for FY'24 at ₹ 163.3 crores; YoY growth of 15.7%.
• ➢ DSO at 36 days (same as Q3'24)

Sonata Software is a leading Modernization Engineering company, powered by its unique Platformation™ framework that brings together industry expertise, platform technology excellence, design innovation and strategic engagement models to deliver sustained value to customers. We partner with Fortune 500 clients to help them reimagine their business processes as part of modernization programs. As part of this phase, we drive business enablement sessions, consulting, and business processes to be aligned with best-in-class industryspecific practices. Our outcome-based Modernization Services include Cloud, Data, Dynamics, Managed Services, Automation and Digital Contact Center. We offer services and solutions around newer technologies like Generative AI, MS Fabric, and other modernization platforms. Sonata has a strong global presence in key regions including US, UK, Europe, APAC, and ANZ. We are a trusted partner of world leading companies in TMT, Retail & CPG. Manufacturing, BFSI and HLS space. Our partner ecosystem boasts of strong relationships with Microsoft, AWS, Salesforce, Snowflake, Google, and Industry partners and is critical to the value we create with our clients.

For further information, please contact:

Nandita Venkatesh Sonata Software Limited CIN- L72200MH1994PLC082110 208, T V Industrial estate, 2nd Floor, S K Ahire Marg, Worli, Mumbai – 400030, India Tel: +91 80 67781999 nandita.v@sonata-software.com

7" May, 2024

National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, P.J. Towers, Dalal Street Mumbai Mumbai Kind Attn: Manager, Listing Department Kind Attn: Manager, Listing Department Stock Code - SONATSOFTW Stock Code - 532221

33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sirs/Madam,

SUB: Declaration on Independent Audit Reports with unmodified opinion pursuant to Regulation

This is to confirm that B SR & Co. LLP (Firm Registration No. 101248W/W-100022), Statutory Auditors of the Company, have issued Independent Audit Reports with unmodified opinion on the Standalone and Consolidated Audited financial results for the quarter and financial year ended March 31, 2024.

This declaration is provided pursuant to Regulation 33 (3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We request you to kindly take the same on record.

Thanking you,

Yours faithfully, For Sonata Software Limited

cn

Jagannathan CN Chief Financial Officer

Sonata Software Limited - SSL Website: www.sonata-software.com Registered Office: 208, T V Industrial Estate, 2" Floor, S K Ahire Marg, Worli, Mumbai — 400 030 email: info@sonata-software.com Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobli, Mysore Road, Bengaluru - 560059, India Tel: +91 80 6778 1000 | CIN: L72200MH1994PLC082110