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Sonata Software Ltd. Interim / Quarterly Report 2026

Jul 30, 2025

60845_rns_2025-07-30_cc44ac82-7181-4ff0-8c4c-2f1eb18846cb.pdf

Interim / Quarterly Report

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30th July, 2025

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Mumbai Kind Attn: Manager, Listing Department Stock Code – SONATSOFTW

BSE Limited P.J. Towers, Dalal Street, Mumbai Kind Attn: Manager, Listing Department 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. 30th July, 2025, the Board, inter-alia, has considered and approved the following:

a. Unaudited Financial Results of the Company (standalone and consolidated) for the quarter ended 30th June, 2025.

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby enclose a copy of the Unaudited Financial Results for the quarter ended, 30th June, 2025 together with the Limited Review Report from Statutory Auditors of the Company. A copy of the press release is also enclosed for your reference.

b. Declared an Interim Dividend of Rs. 1.25/- per Equity share (125% on par value of Re. 1/-) for the financial year 2025-26. The Record date for the purpose of payment of the Interim Dividend will be 8 th August, 2025. The Interim Dividend will be paid to the registered shareholders on or after 20th August, 2025 through Electronic mode or by dividend warrants, as applicable.

Pursuant to Finance Act, 2020, dividend income will be taxable in the hands of the Shareholders with effect from April 1, 2020. Hence, the Interim dividend, declared by Board, shall be paid after deducting tax at source ('TDS') in accordance with the provisions of the Income Tax Act, 1961.

Communication in this regard will be sent to the shareholders, whose email IDs are registered with the Company and uploaded on the website of the Company under Investor Relations section. The required documents to enable the Company to determine the appropriate TDS rates can be uploaded by the shareholders at https://ris.kfintech.com/formlS/ on or before 13th August, 2025.

Also note that the aforesaid information is available on the Company's website www.sonata-software.com. For any further queries on Tax on Dividend, shareholders are requested to write to [email protected].

The meeting commenced at 3:00 p.m. and concluded at 3:50 p.m. (IST). 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

Mangal Krishnarao Kulkarni Digitally signed by Mangal Krishnarao Kulkarni Date: 2025.07.30 17:14:28 +05'30'

Mangal Kulkarni Company Secretary, Compliance Officer and Head Legal

Encl.: As above

BS R & 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

Limited Review Report on unaudited standalone financial results of Sonata Software Limited for the quarter ended 30 June 2025 under Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To the Board of Directors of Sonata Software Limited

    1. We have reviewed the accompanying Statement of unaudited standalone financial results of Sonata Software Limited (hereinafter referred to as "the Company") for the quarter ended 30 June 2025 ("the Statement') in which, are included interim financial information from 4 branches and an employee welfare trust.
    1. This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). Our responsibility is to issue a report on the Statement based on our review.
    1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
    1. Attention is drawn to the fact that the figures for the three months ended 31 March 2025 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.

BS R & Co. (a partnership firm with Registration No. BA61223) converted into BS R & Co. UP (a Limited Liat>Uity Partnership with LLP Registration No. AAB-8181) with effect from Oclober 14. 2013 Registered Office:

1.tth Floor, Central B W,ng and North C Wng, Nesco IT Park 4, Nesco Center, VJestem Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of2

Limited Review Report (Continued) Sonata Software Limited

  1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For B S R & Co. LLP

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

~

Partn er Membership No.: 065155 UDIN:25065155BMLBYl6414

Mumbai 30 July 2025

Page 2 of 2

SONATA SOFTWARE LIMITED

II

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, Bengaluru560 059

CIN • L72200MH1994PLC082110

www.sonata-software.com, Tel: +91--080-67781000, [email protected]

I Part I " in lakhs, except per share data I
Statement of unaudited standalone financial results for the quarter ended June 30, 2025
Quarter ended Year ended
SI No. Particulars June 30, 2025 Man:h 31, 2025 June 30, 2024 Man:h 31, 2025
(Unaudited) (Refer note 6) (Unaudited) (Audited)
1 Revenue from operations
2 Other income 27,857
1,355
26,567
628
24,895
425
99,131
18,392
3 Total income (1 + 2) 29,212 27,195 25,320 117,523
4 Expenses
(a) Purchase of stock--in--trade (traded goods) 24
(b) Changes in inventories of stock-in-trade (3) 35 77 213
(c) Employee benefits expense 20,925 (2)
20,844
17,697 (2)
77,550
(d) Finance costs 287 108 108 469
(e) Depreciation and amortization expense 768 529 522 2,129
(f) Other expenses 3,554 3,236 3,288 13,687
Total expenses 25,555 24,750 21,692 94,046
5 Profit before tax (3 • 4) 3,657 2,445 3,628 23,477
6 Tax expense
(1) Current tax 1,448 641 1,030 2,337
(2) Deferred tax (60) 4 67 (237)
Total tax expense 1,388 645 1,097 2,100
7 Profit for the period (5 • 6) 2.269 1,800 2,531 21,377
8 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)
(107) (160) 488 (44)
27 40 (123) ,
11
(2) Items that will be reclassified to profit or (loss)
(a) The effective portion of gains/ (losses) on hedging instruments in a
cash flow hedge
57 393 234 (115)
(b) Income tax relating to Items that will be reclassified to profit/(loss) (14) (99) (58) 29
Total (37) 174 541 (119)
9 Total comprehensive income for the period (7 + 8) 2.232 1,974 3,072 21,258
10 Paid•up equity share capital {face Value " 1/-) 2,777 2,776 2,776 2,776
11
12
Other equity (Refer Note 5)
Earnings per equity share (on 1/· each) (Refer Note 4)
77,554 77,554 67,893 77,554
(a) Basic (in 't) 0.82 0.65 0.91 7.70
(b) Diluted (in 0:) 0.82 0.65 0.91 7.69
See accompanying notes to the standalone financial results

Notes:

1 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 unaudited standalone financial results thereafter have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 30, 2025. The statutory auditors, B S R & Co. LLP have expressed an unmodified review opinion on standalone financial results.

The above unaudited 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.

  • 2 The Company also publishes unaudited consolidated financial results in addition to unaudited standalone financial results. In accordance with Ind AS 108 Operating Segments, the Company has disclosed the segment information in the unaudited consolidated financial results.
  • Based on the financial performance of the Company, the Board at its meeting held today, approved an interim dividend of~ 1.25/- (125 %on par value of~ 1/-) per share.
  • 4 Earnings per share (EPS} for quarterly periods are not annualised.
  • 5 The other equity with respect to quarter ended June 30, 2025 and quarter ended March 31, 2025 represents balance as per the audited financial statements of the previous year as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015.
  • 6 The figures for the quarter ended March 31, 2025, are balancing figures arrived based on audited results of the full financial year ended March 31, 2025 and published year to date unaudited figures for nine months ended December 31, 2024. The statutory auditors have performed a limited review on the results for the nine months ended December 31, 2024.

Place : Mumbai Date ; July 30, 2025

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

    • -------- ----- - ------------- ---- ---,-

Limited Review Report on unaudited consolidated financial results of Sonata Software Limited for the quarter ended 30 June 2025 under Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To the Board of Directors of Sonata Software Limited

    1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Sonata Software limited (hereinafter referred to as "the Parent"), and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") for the quarter ended 30 June 2025 ("the Statement') in which, are included interim financial information from 12 branches, being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("listing Regulations").
    1. This Statement, which is the responsibility of the Parent's management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting' ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a condusion on the Statement based on our review.
    1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.

    1. The Statement includes the results of the entities as disclosed in Annexure I to the Statement.
    1. Attention is drawn to the fact that the figures for the three months ended 31 March 2025 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had onty been reviewed and not subjected to audit.
    1. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

BS R & Co. (a partnersh_, firm with Registration No. 8A61223) oonverted into BS R & Co. LLP (a Limited Liability Partnership with LLP Regrstration No. AAB--8181) with effect from October 14, 2013 14th Floor, central 8 Wog and North C \Mng, Nesco IT Park. 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063

Registered Office:

Page 1 of4

Limited Review Report (Continued)

Sonata Software Limited

  1. The Statement includes the interim financial results of 15 subsidiaries which have not been reviewed, whose interim financial results reflect total revenues (before consolidation adjustments) of Rs. 3,188 lakhs, total loss (before consolidation adjustments) of Rs. 291 lakhs and total comprehensive loss (before consolidation adjustments) of Rs. 266 lakhs, for the quarter ended 30 June 2025, as considered in the Statement. According to the information and explanations given to us by the Parent's management, these interim financial results are not material to the Group.

Our conclusion is not modified in respect of this matter.

For BS R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022

Amrit Bhansali Partner Membership No.: 065155 UDIN:25065155BMLBYH5094

Mumbai 30 July 2025

Page 2 of4

Limited Review Report (Continued) Sonata Software Limited

Annexure I

List of entities included in unaudited consolidated financial results.

Sr. No Name of component Relationship
1 Sonata Software Limited Parent
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")
Subsidiary
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 SON. BHD. Susbsidiary
12 Encore Software Services, Inc. (merged with Sonata
Software North America Inc. w.e.f. 26 August 2024)
Step-down Subsidiary
13 Sonata Software Canada Limited Step-down Subsidiary
14 GAPbuster Limited (merged with Sonata Europe
Limited w.e.f. 16 July 2024)
Step-down Subsidiary
15 Sonata Software Japan KK (formerly known as
Kabushiki Kaisha GAPbuster Japan)
Step-down Subsidiary
16 GAPbuster Europe Limited (merged with Sonata
Europe Limited w.e.f. 16 July 2024)
Step-down Subsidiary
17 GAPbuster Inc. Step-down Subsidiary
18 GAPbuster Worldwide Pty Ltd Step-down Subsidiary

Page 3 of4

Limited Review Report (Continued)

Sonata Software Limited

1!11

Sr. No Name of component Relationship
19 Sonata Software Worldwide Malaysia SDN. BHD.
(formerly known as GAPbuster Worldwide Malaysia
SON. BHD.)
Step-down Subsidiary
20 Sonata Software (Shanghai) Co., Ltd (formerly known
as GAPbuster China Co. Limited)
Step-down Subsidiary
21 Sonata Latin America S. DE R.L. DE C.V. Step-down Subsidiary
22 Quant Systems Inc. Step-down Subsidiary
23 Quant Cloud Solutions Private Limited Step-down Subsidiary
24 Woodshed LLC Step-down Subsidiary
25 Quant
Systems
Inc
CRC
Sociedad
de
Responsabilidad Limitada (CRC LLC)
Step-down Subsidiary
26 Sonata Software LLC (formerly known as Sopris
Systems LLC) (merged with SSNA with effect from
May 06, 2024)
Step-down Subsidiary
27 Sonata Software Solutions, Egypt Step-down Subsidiary

Page4 of4

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

www.sonata-software.com, Tel : +91-080-67781000, [email protected]

" in lakhs except per share data I
Statement of unaudited consolidated financial results for the quarter ended June 30, 2025
SI No. Particulars Quarter ended Year ended
June 30, 2025 March 31, 2025 June 30, 2024 March 31, 2025
(Unaudited} (Refer Note 5) (Unaudited} (Audited)
1 Revenue from operations 296,518 261,720 252,743 1,015,725
2 Other income 2,422 1,121 1,887 7,115
3 Total income (1 + 2) 298,940 262,841 254,630 1,022,840
4 Expenses
(a) Purchase of stock-in-trade (traded goods) 222,759 188,958 180,566 703,106
(b) Changes in inventories of stock-in-trade (1,903) (2,636) (1,841) 5,076
(c) Employee benefits expense 41,804 41,937 36,924 159,767
(di Finance costs
(e) Depreciation and amortization expense
508 1,009 2,002 6,525
(f) Other expenses 2,608
17,893
2,303
16,195
3,327
19,478
12,149
78,851
Total expenses 283,669 247,766 240,456 965,474
5 Profit before tax (3 - 4)
15,271 15,075 14,174 57,366
6 Tax expense
(1) Current tax 5,315 3,727 5,120 17,285
(2) Deferred tax (978) 595 (1,509) (2,386)
Total tax expense 4,337 4,322 3,611 14,899
7 Profit for the period (S - 6) 10,934 10,753 10,563 42,467
8 Other comprehensive income
(1) Items that will not be reclassified to profit/(loss)
(a) Remeasurement of the defined benefit plans (153) (174) 525 (56)
(b) Equity instruments through other comprehensive income - (649) (249} (938)
(c) Income tax relating to Items that will not be reclassified to profit/floss) 39 44 (132) 14
(2) Items that will be reclassified to profit or (loss) ,
(a) Exchange differences in translating the financial statements of foreign
operations 51 n 172 488
f (bl The effective portion of gains/ (losses) on hedging instruments in a cash flow
hedge 644 527 659 (389)
(c) Income tax relating to Items that will be reclassified to profit/(loss) (17S) (152) (209) (25)
Total 406 (327) 766 (906)
9 Total comprehensive income for the period (7 + 8) 11,340 10,426 11,329 41,561
Of the total comprehensive income above, profit for the period attriblrtable to:
Owners of the Company
Non - controlling interest
10,934
-
10,753
-
10,563
-
42,467
10,934 10,753 10,563 42,467
Of the total comprehensive income above, other comprehensive income for the
period attributable to:
Owners of the Company 406 (327) 766 (906)
Non - controlling interest -
Of the total comprehensive income above, total comprehensive income 406 (327) 766 (906)
attributable to:
Owners of the Company 11,340 10,426 11,329 41,561
Non - controlling interest -
11,340
10,426 11,329 41,561
10 Paid-up equity share capital {Face Value 'I: 1/-) 2,7T7 2,776 2,776 2,nG
11 Other equity (Refer Note 6) 167,818 167,818 137,854 167,818
12 Earnings/ (loss) per equity share (of 'I: 1/-each) (Refer Note 4)
(a) Basic (in'()
3.94 3.87 3.81 15.30
(b) Diluted (in'() 3.94 3.87 3.80 15.28
See accompanying notes to the consolidated financial results

Notes:

1 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 unaudited Consolidated financial results thereafter have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 30, 2025. The statutory auditors, BS R & Co. LLP have expressed an unmodified review opinion on the consolidated financial results.

-

The above unaudited 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.

  • 2 Unaudited consolidated financial results include financial results of subsidiaries i.e., Sonata Information Technology Limited, Sonata Software North America Inc. (SSNA), Sonata Software GmbH, Sonata Europe Limited (SEL), Sonata Software (Qatar) LLC, Sonata Australia Pty Ltd, Sonata Software LLC (merged with SSNA with effect from May 06, 2024), Sonata Software Solutions Limited, Sonata Software (Shanghai) Co., Ltd, GAPbuster Europe Limited (merged with SEL with effect from July 16, 2024), GAPbuster Inc., GAPbuster Limited (merged with SEL with effect from July 16, 2024), Sonata Software Worldwide Malaysia SDN. BHD., GAPbuster Worldwide Pty Limited, Sonata Software Japan KK , Encore Software Services, Inc. (merged with SSNA with effect from August 26, 2024), 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., Quant Systems CRC Inc Sociedad De Responsabilidad Limitada (CRC LLC), Quant Cloud Solutions Private Limited, Woodshed LLC, Sonata Software Malaysia SDN. BHD and Sonata Software Solutions, Egypt (w.e.f. May 12, 2024).
  • 3 Based on t he financial performance of the Company, the Board at its meeting held today, approved an interim dividend of~ 1.25/- (12S % on par value of~ 1/-) per share.
  • 4 Earnings per share (EPS) for the quarterly periods are not annualised.
  • 5 The figures for the quarter ended March 31, 2025, are balancing figures arrived based on audited results of the full financial year ended March 31, 2025 and published year to date unaudited figures for nine months ended December 31, 2024. The statutory auditors have performed a limited review on the results for the nine months ended December 31, 2024.
  • 6 The other equity with respect to the quarter ended June 30, 2025 and March 31, 2025 represents balance as per the audited consolidated financial statements of the previous year as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015.

uj

Unaudited standalone financial results ('i:'. in lakhs)
Year ended
Particulars June 30, 2025 March 31, 2025 June 30, 2024 March 31, 2025
(Unaudited) (Refer Note 5) (Unaudited) IAuditedl
Revenue from operations 27,857 26,567 24,895 99,131
Profit before tax 3,657 2,445 3,628 23,477
Profit after tax 2,269 1,800 2,531 21,377

The results for the quarter ended June 30, 2025, 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.

  • 8 Sonata Software North America Inc., (SSNA) a wholly owned subsidiary of Sonata Software Limited, had acquired 100% stake in the Quant systems Inc., (Quant) on March 10, 2023. The purchase consideration included contingent consideration payable over two years based on Quant achieving certain financial targets in the year ended December 31, 2023 and December 31, 2024. Pursuant to the disclosures in the previous quarter, SSNA and the selling shareholders of Quant have concluded the amended agreement on May 18, 2025.
  • 9 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 follow's :

Particulars (" in lakhs)
Year ended
June 30, 2025 March 31, 2025 June 30, 2024 March 31, 2025
(Unaudited) (Refer Note 5) (Unaudited) (Audited)
1.Segmentrevenue
a. India 185,530 159,523 162,585 611,325
b. Other than India 111,974 102,362 91,193 405,897
Total 297,504 261,885 253,778 1,017,222
Less : Inter segment revenue (986) (165) (1,035) (1,497)
Revenue from operations 296,518 261,720 252,743 1,015,725
2. Segment results
Profit before tax, interest, depreciation and amortization
a. India 5,795 6,623 5,501 22,466
b. Other than India 12,592 11,742 13,799 52,433
Total 18,387 18,365 19,300 74,899
Less: Depreciation and amortization (2,608) (2,303) {3,327) (12,149)
Less: Finance costs (508) (1,009) (2,002) (6,525)
Add: Unallocable income net of unallocable expenditure - 22 203 1,141
3. Profit before tax 15,271 15,075 14,174 57,366

The consolidated segment wise assets and liabilities are as follows : 4. Segment assets a. India b. Other than India c. Unallocable Total assets 5. Segment liabilities a. India b. Other than India c. Unallocable Total liabilities 6. Capital emploved {4-5) Particulars (~ in lakhs) June 30, 2025 March 31, 202S June 30, 2024 (Unaudited) (Audited) (Unaudited) 189,618 139,880 182,475 304,566 302,106 304,562 38,411 33,529 35,440 532,595 475,515 522,477 187,358 143,704 167,826 137,346 138,022 172,311 25,863 23,195 30,098 350,567 304,921 370,235 182,028 170,594 152,242

For and on behalf of the Board of Directors

)~~ · Managing Director & CEO

Place : Mumbai Date : July 30, 2025

Sonata Software Q1 FY26 Consolidated PAT grew 1.7% QoQ, and announces First Interim Dividend of Rupees 1.25 per share

Mumbai, July 30, 2025

Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leading Modernization Engineering Company, today reported its unaudited financial results for the Quarter ended June 30, 2025.

in 1 Crores
D For the Quarter ended
30-Jun-25 31-Mar-25 QoQ 30-Jun-24 YoY
Inte rnational IT Services 699.9 702.3 -0.3% 687.8 1.8%
Domestic- Products & Servi ces 2,274.7 1,918.2 18.6% 1,849.4 23.0%
Consoli dated 2 965.2 2 617.2 13.3% 2 527.4 17.3%
EBITDA11
Inte rnational IT Services 115.9 115.7 0.2% 128.8 -10.0%
Domestic- Products & Servi ces 44.0 56.5 -22.1% 47.3 -7.0%
Consolidated 159.6 172.7 -7.6% 176.2 -9.4%
Inte rnational IT Services 70.7 62.3 13.5% 65.1 8.6%
Domestic- Products & Servi ces 38.6 45.2 -14.6% 40.5 -4.7%
Consoli dated 109.3 107.5 1.7% 105.6 3.5%

EBITDA (before Other Income & Fx)

Commenting on the Q1 performance, Mr. Samir Dhir, MD & CEO of Sonata Software, said: "International IT Services Q1 marked steady progress with revenue growth of 0.6% QoQ. We secured three large deals - two in BFSI and one in TMT - underscoring our focus on large deals and execution strength. Our focused investments in Healthcare and BFSI have scaled from 13% to 32% of revenue over three years, validating our diversification strategy. As clients accelerate modernization to stay competitive, we remain confident in our long-term growth trajectory."

Mr. Sujit Mohanty, MD & CEO of Sonata Information Technology Limited, added: "We gained new clients in cloud and data protection services. Our continued investments and partnerships with leading cloud providers position us well to grow revenue from cloud-managed services in the coming quarters."

Financial Highlights for Q1'26:

  • International IT Services:
  • In USD terms, revenue for Q1'26 stood at \$81.8 million, showing a growth of 0.6% QoQ and in CC terms, showing a decline of 0.9% QoQ.
  • In Rupee terms, revenue for Q1'26 stood at ₹699.9 crores, showing a decline of 0.3% QoQ.
  • EBITDA (before other income and forex) for Q1'26 stood at 16.6%, showing a growth of 0.1bps QoQ.
  • PAT for Q1'26 stood at ₹70.7 crores, showing a growth of 13.5% QoQ
  • DSO stood at 62 days in Q1'26, compared to 61 days in Q4'25.
  • ROCE stood at 14.7% in Q1'26, compared to 16.3% in Q4'25.
  • RONW stood at 20.9% in Q1'26, compared to 19.3% in Q4'25.
  • 7 new customers were added during the quarter, including a mega deal of \$73 M AI-led Digital Modernization Deal with a Leading US TMT Company.

Domestic Products & Services:

  • Revenue for Q1'26 stood at ₹2274.7 crores, showing a growth of 18.6% QoQ.
  • Gross contribution for Q1'26 stood at ₹68.5 crores, showing a decline of 12.6% QoQ.
  • EBITDA (before other income and forex) for Q1'26 stood at ₹44.0 crores, showing a decline of 22.1% QoQ.
  • PAT for Q1'26 stood at ₹38.6 crores, showing a decline of 14.6% QoQ.
  • DSO stood at 63 days in Q1'26, compared to 46 days in Q4'25.
  • ROCE stood at 33.6% in Q1'26, compared to 43.2% in Q4'25.
  • RONW stood at 32.5% in Q1'26, compared to 47.7% in Q4'25.

Consolidated:

  • Revenue for Q1'26 stood at ₹2,965.2 crores, showing a growth of 13.3%.
  • EBITDA (before other income and forex) for Q1'26 stood at ₹159.6 crores, showing a decline of 7.6% QoQ.
  • PAT for Q1'26 stood at ₹109.3 crores, growth of 1.7% QoQ.
  • Cash and cash equivalents (gross) stood at INR 600 Crs. and (net) stood at negative ₹ 62.5 Crores in Q1'26.
  • ROCE stood at 18.5% in Q1'26, compared to 21.9% in Q4'25.
  • RONW stood at 24.0% in Q1'26, compared to 25.2% in Q4'25.

About Sonata Software Limited

In today's market, there is a unique duality in technology adoption. On one side, extreme focus on cost containment by clients, and on the other, deep motivation to modernize their Digital storefronts to attract more consumers and B2B customers.

Sonata Software, with \$1 billion revenue, is the leading Modernization company. Our unique Modernization approach through Platformation.AI helps create efficient and agile digital businesses to drive intelligent ecosystems of the future. Our bouquet of Modernization Engineering services cuts

across Data, Cloud, Dynamics, Automation, Cyber Security, and around newer technologies like Generative AI, Microsoft Fabric, and other modernization platforms.

Our unique and innovative Responsible-first AI offering Sonata Harmoni.AI is a comprehensive platform powered by GenAI and encompasses a variety of industry solutions, service delivery platforms, and accelerators. It is distinguished by its embedded ethics, privacy, security, and compliance. We enable our clients to leverage AI in three different ways: i) driving efficiencies, ii) driving higher consumer experience/modern sales, and iii) driving innovative business models.

Headquartered in Bengaluru, India, Sonata Software has a strong global presence, including key regions North America, UK, Europe, APAC, and ANZ. We are one of the fastest growing IT Services companies and a trusted partner of Fortune 500 companies in Banking, Financial Services and Insurance (BFSI); Healthcare and Lifesciences (HLS); Telecom, Media, and Technology (TMT); and Retail, Manufacturing and Distribution (RMD) space.

Sonata Software boasts of a very strong partnership with Microsoft, AWS and many others. We are proud member of Microsoft AI Partner Council and have also achieved AWS Generative AI Competency. Also, we are member of the prestigious Inner Circle for Microsoft Business Applications and Featured and Launch Partner for Microsoft Fabric.

About Sonata Information Technology Limited

Sonata Information Technology Limited, our Domestic Business, partners with Indian enterprise customers in their digital transformation journeys. As a digital transformation partner, it helps enterprises adopt and scale cloud solutions, fostering innovation and growth. It also helps customers in managing & maintaining their Hybrid Cloud Platforms and related enterprise IT security environments.

For more information, please visit https://www.sonata-software.com/

Media contact: Vinitha Oommen [email protected]