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Sonata Software Ltd. — Interim / Quarterly Report 2025
May 8, 2025
60845_rns_2025-05-08_f1018b2e-2ad8-4bc3-80eb-8474b7048440.pdf
Interim / Quarterly Report
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8[th] May, 2025
National Stock Exchange of India Limited
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: PUBLICATION OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31[ST ] MARCH, 2025
REF: REGULATION 47(1)(B) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
Further to our disclosure dated 7[th] May, 2025, please find enclosed copy of the newspaper publication of Audited Financial Results for the quarter and year ended 31[st] March, 2025 published in “Navshakthi” (Regional newspaper) and in all India edition of “Business Standard” (English Daily newspaper) on 8[th] May, 2025.
Please take the same on record.
Thanking you,
Yours faithfully,
For Sonata Software Limited
Mangal Digitally signed by Mangal Krishnarao Krishnarao Kulkarni Date: 2025.05.08 Kulkarni 15:28:53 +05'30'
Mangal Kulkarni Company Secretary, Compliance Officer and Head Legal
Encl.: As above
Sonata Software Limited - SSL
W: www.sonata-software.com
Registered Office: 208, T V Industrial Estate, 2[nd] Floor, S K Ahire Marg, Worli, Mumbai – 400 030 Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobli, Mysore Road, Bengaluru - 560059, India CIN: L72200MH1994PLC082110
[email protected] T: +91 80 6778 1000
21 marathi.freepressjournal.in
मुंबई , गुरुवार , दि . ८ मे २०२५
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Aditya Birla Sun Life AMC Limited(Investment Manager for Aditya Birla Sun Life Mutual Fund) Registered Office: One World Center, Tower 1, 17th Floor, Jupiter Mills, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Tel.: 4356 8000. Fax: 4356 8110/8111. CIN: L65991MH1994PLC080811
- Tax Consequences: Redemption / switch-out of units from the Scheme may entail capital gain/loss in the hands of the unitholder. For unit holders who redeem their investments during the Exit Option Period, the tax consequences as set forth in the Statement of Additional Information of the Fund and SID of the Scheme would be applicable. In the case of NRI investors, TDS shall be deducted from the redemption proceeds in accordance with the prevailing income tax laws. In view of the individual nature of tax consequences, Unitholders are advised to consult their professional tax advisors for tax advice.
To locate your nearest ISC we request you to visit https://mutualfund.adityabirlacapital.com.
The updated SID & KIM of the Scheme containing the revised provisions shall be made available with our ISCs and also displayed on the website https://mutualfund.adityabirlacapital.com immediately after completion of duration of exit option. All other features and terms & conditions of the Scheme shall remain unchanged.
This Notice-cum-Addendum forms an integral part of the SID/KIM issued for the Scheme, read with the addenda issued thereunder.
For Aditya Birla Sun Life AMC Limited (Investment Manager for Aditya Birla Sun Life Mutual Fund) Sd/Date : May 7, 2025 Authorised Signatory Place : Mumbai
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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GTL Limited Registered Office: 6[th] Floor, Building A, Plot No. EL-207, MIDC, TTC Industrial Area, Mahape, Navi Mumbai - 400 710, Maharashtra, India. | Tel: +91 22 2761 2929 | Fax: +91 22 2768 9990 Email: [email protected] | Website: www.gtllimited.com | CIN: L40300MH1987PLC045657
EXTRACT OF STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2025
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(lakhs unless otherwise stated)<br>Quarter ended Period ended Quarter ended<br>Particulars 31-Mar-25 31-Mar-25 31-Mar-24<br>Audited Audited Audited<br>1 Total Income from operations 7,062.60 26,022.40 21,318.98<br>2 Net Profit / (Loss) for the period (before tax, exceptional and / or extraordinary items) 2,450.83 2,541.56 3,760.61<br>3 Net Profit / (Loss) for the period before tax (after exceptional and / or extraordinary items) 2,606.09 2,696.82 21,079.80<br>4 Net Profit / (Loss) for the period after tax (after exceptional and / or extraordinary items) 1,121.09 (838.18) 21,079.80<br>5 Total Profit / (Loss) for the period [Comprising Profit / (Loss) for the period (after tax) and Other Comprehensive<br> 1,128.45 (796.21) 21,062.68<br>Income (after tax)]<br>6 Paid up equity share capital (face value of 10 per share) 15,729.68 15,729.68 15,729.68
7 Reserves (excluding Revaluation Reserves) as shown in the audited Balance Sheet of the previous year N.A. (6,18,661.65) (6,17,865.44)
8 Earnings Per Share (EPS) (for continuing and discontinued operations) (Face value of ` 10/- each) 0.71 (0.54) 13.40
Basic & Diluted, not annualized
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Notes:
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The above financial results and the notes thereto have been reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on May 7, 2025.
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Modified opinion of the Auditor - As mentioned in Note no 8 of the financial results the Company has neither paid nor provided interest on its borrowings during the financial year. Had such interest been recognized, the finance cost and interest liability for the year ended March 31, 2025 would have been more by ` 38,344.00 lakhs.
Consequently the reported loss after Other Comprehensive Income of the Company for the year ended March 31, 2025 would have been a loss of 39,140.21 lakhs and Earnings per share (EPS) would have been negative 24.91.
- The above is an extract of the detailed format of the quarterly financial results filed with the Stock Exchanges under Regulation 33 / 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Financial Results are available on the Stock Exchange websites www.bseindia.com and www.nseindia. ���������������������������������������������������
For GTL Limited Sunil S. Valavalkar Date: May 7, 2025 Whole-time Director Place: Navi Mumbai (DIN: 01799698)
MUMBAI | THURSDAY, 8 MAY 2025
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THE SMART INVESTOR 19
concentration risk. “They offer perform when the market better diversification as no sinbecomes polarised. “In 2019, a gle stock dominates the index’s few heavyweight stocks drove Large deals may help returns,” says Dondapati. the market rally. This resulted The strategy has built-in disin a significant performance cipline. “During the scheduled gap, with the Nifty 50 TRI gainrebalancing, exposure to outing 13.5 per cent while the Nifty performers is trimmed while 50 EW TRI delivered only 4.3 Coforge outperform EQUAL-WEIGHT INDEX-BASED FUNDS/ETFs laggards are purchased,” says per cent,” says Haria. The reguStrong execution also likely to aid stock’s performance in FY26 Inderbir Singh Jolly, chief lar rebalancing these funds executive officer, PL Wealth undertake can lead to under- RAM PRASAD SAHU Management. This embeds a performance in trending marMumbai, 7 May Risk-tolerant, long-term value-style tilt in these funds. kets, due to the strategy cutting Jolly adds that they tend to do exposure to winners. he stock of midcap informawell in mean-reverting cycles, Kumar highlights that EW investors may hold these tion technology (IT) major when underperformers recover. index funds usually carry high - T Coforge has been one of the EW indices also outperform er expense ratios than marketstar performers in the IT pack, gainduring broad-based rallies. “In cap-weighted funds. Dondapati funds in satellite portfolio ing 18 per cent in the past month 2020 and 2021, as markets points out that frequent rebaland 70 per cent over the year. Given HIMALI PATEL shares whose prices have risen. experienced a broad-based ancing can result in higher tra - the strong showing in the fourth On the other hand, in a market rally, the Nifty 50 EW Total ns action costs. quarter (January-March) of 2024-25 Mirae Asset Nifty 50 Equal cap-weighted index fund, when Return Index (TRI) delivered (Q4FY25), where it outdid expectaWeight (EW) Exchange Traded share prices of a company 19.3 per cent and 35 per cent, Higher risk tolerance required tions, a robust deal intake, and Fund’s (ETF’s) new fund offer increase, the index allocates respectively, while the Nifty 50 EW funds are best suited for strong execution, brokerages expect closed on May 6. Several fund more weight to it,” says Satish TRI delivered 16.1 per cent and investors with higher risk tolit to turn in another industry-beathouses, including SBI, HDFC, Dondapati, fund manager–ETF, 25.6 per cent,” says Haria. erance, a long investment ing growth performance in FY26. ICICI, Kotak, Nippon, DSP, and Kotak Asset Management horizon, and those comfortSome brokerages have also WAY AHEAD to 14 per cent (from 13.2 per cent curMotilal Oswal already offer Company. Abhishek Kumar, Higher volatility able with value-oriented upgraded the stock, given the reverently) means growth is not coming schemes based on EW indices. Sebi reg ist ered investment EW index-based funds can be strategies, according to nue growth projections and the Coforge BSE Sensex ~~2~~ 00 at the expense of profitability, espeadvisor and founder, SahajM - more volatile due to exposure to Kumar. They are less suited 21 per cent correction since this cially from the Sabre deal. We, USP of these funds oney.com inf o r ms that an EW smaller companies. “The for those seeking stable, calendar year to date (CYTD). 149.0 ~~1~~ 80 however, suspect it could come at a In market capitalisationindex fund tends to undergo absence of a defensive tilt benchmark-like returns. The near-term trigger for the ~~1~~ 60 higher finance cost, as factoring/ weighted index funds, larger more frequent rebalancing. towards larger, stable comHold these funds in the satstock is the Q4 performance. Aided Base = 100 credit insurance of receivables of a companies receive greater panies can increase drawellite portfolio. “While they proby the rampup of large deal wins, ~~1~~ 40 B-/B3 rated Sabre could be higher.” weight. “An EW index-based Diversified exposure downs,” says Jolly. vide diversification and possi - and led by BFSI (banking, financial ~~1~~ 20 The brokerage has a “buy” rating, fund assigns the same weight to EW index-based funds reduce The strategy tends to underble outperformance during services, and insurance), travel, and ~~1~~ 00 with a target price of ~10,000. each stock in the index, regardcer tain market phases, they la - overseas government verticals, the company reported a 3.4 per cent constant-currency revenue growth Apr 30,’24 May 7,’25 108.4 80 tion, most brokerages believe that the company will maintain its Given the order book and execuless of their market cap size,” says Chintan Haria, principal–investment strategy, ICICI EW INDEX FUNDS: OUTPERFORMANCE OVER FIVE YEARS Index returns (%) � 1-year � 3-year � 5-year � 10-year ck the stability often associa ted with core holdings like market cap-weighted index funds or on a sequential basis. While BFSI Source: BSE growth momentum in FY26. Kotak Prudential Mutual Fund. In largecap strategies,” says Jolly. saw a 13.2 per cent dollar revenue Research forecasts a strong 20.8 per market cap indices, large comKumar recommends allocatgrowth, travel and overseas governcent organic revenue growth in conpanies dominate performance. ing 0 to 20 per cent of the equity ment revenues registered a growth up 47 per cent — part of it contribstant-currency terms in FY26 as These funds are value or portfolio to them, depending on of 7.5 per cent and 8.5 per cent, resp - uted by the Cigniti acquisition. compared to 16.4 per cent growth in contrarian oriented, whereas risk appetite. He suggests sele - ectively. Among geographical segLower employee stock options FY25. This, according to analysts led market cap-weighted funds folcting an EW fund based on critments, rest of the world market led (Esop) and operating leverage by Kawaljeet Saluja of the brokerage, low momentum. “When rebaleria like tracking error, expense on the growth front, rising 35.9 per helped the company post an will come on the back of a strong ancing, EW index funds buy Nifty 50 Equal Nifty 50 Nifty100 Equal Nifty 100 ratio, rebalancing frequency, cent quarter-on-quarter (Q-o-Q). adjusted operating profit margin of broad-based growth momentum more shares of a company with Weight TRI TRI Weight TRI TRI fund size, liquidity, and the Strong deal wins in the March 18.7 per cent, up 110 basis points across geographies, verticals and a declining share price and sell Data as on May 2, 2025; Compiled by Kotak AMC Source: MFI Explorer benchmark index tracked. quarter bolstered the overall con(bps) Q-o-Q. Margins at the earnings services, healthy increase in 12tract value for FY25. While overall before interest and taxes (Ebit) was month order backlog, strong deal FY25 order flow stood at $3.4 billion, at 13.2 per cent, and was higher than win trajectory and pipeline, and India’s housing market is not crashing, but definitely cooling up 75 per cent year-on-year (Y-o-Y), analyst estimates. A large portion revenue synergies from Cigniti about $2.1 billion came in Q4 alone. of the margin gains, according to through cross-selling of Coforge’s India’s residential property marPropTiger, a transaction and square foot. 4 per cent respectively The gains in the quarter were led by BOB Capital Markets, has come services to Cigniti’s large accounts. ket is transitioning from a phase advisory services platform. In contrast, mature markets such in the first quarter. the mega Sabre deal worth $1.5 bilfrom better gross margins than The brokerage has a “buy” rating of rapid post-pandemic growth Plateauing effect as Delhi NCR, MMR, Pune, and Macro drivers behind lion to be executed over 13 years. expected. Some of it has come from with a target or fair value of ~9,000. to a more balanced and sustainCities like Bengaluru and Hyde - Chennai have experienced price consolidation The company, which ended lower-than-expected selling and While Emkay Research has an able trajectory. While prices conrabad have led the charge with stability, with no quarterly � A more discerning buyer FY25 with revenues of just under general administration, and Esop unchanged target price of ~8,200, tinue to rise year-on-year, the 5 per cent quarterly incre ases in change in average prices, sugbase dominated by end-users $1.5 billion, maintained its $2 billion costs. The company is eyeing an it has upgraded the stock to “add” pace of growth has moderated the first quarter of FY24-25, gesting a plateauing effect. Other � Continued but rationalised revenue target for FY27. Its growth Ebit margin of 14 per cent in FY26. from “reduce”, given stock price in recent quarters, indicating a bringing Beng aluru’s average markets — Ahmed abad and investor interest in the medium term is likely to be Abhishek Kumar and Nandan correction, continued revenue shift towards cautious consoliprice to ~7,881 per square foot Kolkata — also saw moderate � A supply pipeline broad-based, similar to its historical Arekal of JM Financial Research growth momentum supported by dation, said a report by and Hyd erabad’s to ~7,412 per increases of 3.8 per cent and adjusting to real demand performance. The 12-month execusay: “The management’s view that deal int ake and pipeline, and table order book at $1.5 billion is also FY26 exit Ebit margins can expand strong execution. Read full report here: mybs.in/2emwPib COMPILED BY SUNAINAA CHADHA YOUR MONEY
AXIS FINANCE LIMITED (CIN U65921MH1995PLC212675) Axis House, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai – 400 025 BY SPEED POST/ EMAIL Notice under Rule 8(6) of Security Interest (Enforcement) Rules, 2002 Date: 06/05/2025 To, 1 Naresh Ramesh Dhakad, (Borrower 2 Pooja Naresh Dhakad (Co/ Mortgagor) Borrower - 1) Beach View, Building Flat No. 8, 3[rd] Beach View, Building Flat No. 8, Floor, Chowpatty, Grant Road, Mumbai 3[rd] Floor, Chowpatty, Grant Road, – 400 007. Mumbai – 400 007. Also at: Also at: Flat No. 2105, 21st Floor, C Wing, Flat No. 2105, 21st Floor, C Wing, Versatile Valley, Village Nilje, Near Versatile Valley, Village Nilje, Near Katai Naka, Dombivali (East), Thane - Katai Naka, Dombivali (East), Thane - 421204 421204 Also at: Also at: Flat No. 2102, 21st Floor, C Wing, Flat No. 2102, 21st Floor, C Wing, Versatile Valley, Village Nilje, Near Versatile Valley, Village Nilje, Near Katai Naka, Dombivali (East), Thane - Katai Naka, Dombivali (East), Thane - 421204 421204 Email – [email protected] Email – [email protected] 3 RHJ Tubes Private Limited (Co- 4 Aadiv Naresh Dhakkad (CoBorrower - 2) Borrower - 3) Having registered oice address at : Beach View, Building Flat No. 8, 281/2, GIDC Industrial Estate, 3[rd] Floor, Chowpatty, Grant Road, Umbergaon, Gujarat, India, 396171 Mumbai – 400 007. Also at: Also at: Ground Floor, Plot No. 111-119, Flat No. 2105, 21st Floor, C Wing, Sheth Nathuram, Poddar Baug, Dr. Versatile Valley, Village Nilje, Near Babasaheb Jaikar, Charni Road, Katai Naka, Dombivali (East), Thane - Mumbai – 400 004. 421204. Also at: Also at: Flat No. 2105, 21st Floor, C Wing, Flat No. 2102, 21st Floor, C Wing, Versatile Valley, Village Nilje, Near Versatile Valley, Village Nilje, Near Katai Naka, Dombivali (East), Thane Katai Naka, Dombivali (East), Thane - 421204. - 421204. Also at: Email – [email protected] Flat No. 2102, 21st Floor, C Wing, Versatile Valley, Village Nilje, Near Katai Naka, Dombivali (East), Thane - 421204. Email – [email protected]
REF: Loan Account Nos 0456AHA00001919 & 0456AHA00001920 SUB: Notice of 30 days in terms of Rule 8(6) of Security Interest (Enforcement) Rules, 2002 For Sale of the immovable property being: Property details – All that piece and parcel of residential property bearing Flat No. 2102 admeasuring 55.76 Sq. mtrs. carpet area on the 21[st] Floor, in C Wing in the Project known as “Versatile Valley” constructed on Land Bearing Old Survey No. 11/9, 13, 14, 15, 16/1A and16/B, corresponding new survey Nos. 12/9, 14, 15, 16, 17/1A, & 17/1B, lying being and situate at village Nilje, Taluka Kalyan, District Thane Flat No. 2105 admeasuring 55.76 Sq. mtrs. carpet area on the 21[st] Floor, in C Wing in the Project known as “Versatile Valley” constructed on Land Bearing Old Survey No. 11/9, 13, 14, 15, 16/1A and16/B, corresponding new survey Nos. 12/9, 14, 15, 16, 17/1A, & 17/1B, lying being and situate at village Nilje, Taluka Kalyan, District Thane ( “said property” / “property - 2” ) ( “said property” / “property - 2” ). (hereinafter referred to as “immovable property/ Secured Asset”). Sirs, 1. This notice is issued to you Nos. 1 to 2 (hereinafter collectively referred to as “You” ), the above-named addressees in terms of Rule 8(6) of Security Interest (Enforcement) Rules, 2002 and Section 13(8) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI ACT, 2002). 2. That after availing the aforesaid loan from Axis Finance Ltd (AFL/Secured Creditor), You had committed default in repayment of the loan amount and in view of the continuous default of more than the time period stipulated under the relevant applicable guidelines/circulars for asset classification issued by Reserve Bank of India (RBI), the above referred loan account of the Borrower was classified as Non-Performing Asset (NPA) on 03.09.2024 in accordance with the concerned guidelines issued by Reserve Bank of India (RBI). 3. That thereafter, a demand notice dated 27.09.2024 u/s 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) was duly served upon You but You failed to make the payment of demanded amount i.e. Rs. 89,91,506/- (Rupees Eighty-Nine Lakhs Ninety One Thousand Five Hundred and Six Only) by way of Outstanding Principal, arrears (including accrued late charges) and interest till 05[th] September 2024 within 60 days of the said notice and as such the secured creditor has taken Symbolic Possession of the Secured Asset in compliance of the provisions of the SARFAESI Act, 2002 and rules framed thereunder on 14.01.2025 . 4. That, the Secured Creditor has decided that the Secured Asset may be put to sale in accordance with Rule 8(5) by issuing a public notice in newspaper on expiry of 30 days from the date hereof. 5. That this notice of 30 days, at pre-sale stage, is being given to You the addressees in compliance of Rule 8(6) of Security Interest (Enforcement) Rules, 2002 and you are hereby informed and notified that the aforesaid Secured Asset shall be put to sale, by holding public auction through e-auction mode on “As is where is”, “As is what is”, and “Whatever there is” after 30 clear days from publication of the public notice in the newspaper. 6. That the attention of You the abovenamed addressees is invited to provisions of subsection (8) of Section 13 (as amended w.e.f. 01.09.2016) of SARFAESI Act, 2002 in respect of time available, to redeem the Secured Asset. In case You are desirous of exercising your rights under Section 13(8) of the SARFAESI Act, 2002, You are hereby called upon to pay a sum of Rs. 89,91,506/- (Rupees Eighty-Nine Lakhs Ninety One Thousand Five Hundred and Six Only) due as on way of Outstanding Principal, arrears (including accrued late charges) and interest till 05[t ] September 2024 with all costs, charges and expenses incurred by it prior to the date of publication of public notice for transfer of the Secured Asset by any one mode as contemplated under the Act. You may note the date for publication of public notice will be 30 days after which your right of redemption of the Secured Asset would stand terminated immediately upon publication of the sale notice under Rule 9(1) of the said Rules. For Axis Finance Ltd.
Authorized Oicer
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