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Sonata Software Ltd. — Interim / Quarterly Report 2026
Feb 6, 2026
60845_rns_2026-02-06_4845da38-b390-42ef-8254-0a1ea5d81366.pdf
Interim / Quarterly Report
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6th February, 2026
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. 6th February, 2026, the Board, inter-alia, has considered and approved the following:
a. Unaudited Financial Results of the Company (standalone and consolidated) for the third quarter and nine months ended 31st December, 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 third quarter and nine months ended, 31st December, 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 Third 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 Third Interim Dividend will be 13th February, 2026. The Third Interim Dividend will be paid to the registered shareholders on or after 26th February, 2026 through Electronic mode only.
Pursuant to Finance Act, 2020, dividend income will be taxable in the hands of the Shareholders with effect from April 1, 2020. Hence, the Third 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 is 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 athttps://ris.kfintech.com/formlS/ on or before 9th February, 2026.
Also note that the aforesaid information is available on the Company's website www.sonatasoftware.com. For any further queries on Tax on Dividend, shareholders are requested to write to [email protected].


- c. Based on the recommendation of the Nomination & Remuneration Committee, approved the reappointment of Mr. Srikar Reddy (DIN: 00001401) as Executive Vice Chairman and Whole-time Director w.e.f. 4th April, 2026 until 3rd April, 2028, subject to the approval of the shareholders. The relevant annexure is enclosed as Annexure I.
- d. Changes to the contact details of Key Managerial Personnel (KMPs) of the Company, who are authorized to determine materiality of an event or information by unanimous consent and make disclosures to stock exchange(s):
| Sl. No | Name | Designation |
|---|---|---|
| 1. | Mr. Samir Dhir | Managing Director and CEO |
| 2. | Mr. Srikar Reddy | Executive Vice Chairman and Whole-time Director |
| 3. | Ms. Mangal Kulkarni | Company Secretary |
A single point of contact of the KMPs for the above purpose is as below: Ms. Mangal Kulkarni Company Secretary Sonata Software Limited Email: [email protected] Contact No: +91-80-6778 1999
The meeting commenced at 2.30 p.m. and concluded at 3.45 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 Kulkarni Mangal Krishnarao Kulkarni Digitally signed by Mangal Krishnarao Kulkarni Date: 2026.02.06 16:49:25 +05'30'
Company Secretary, Compliance Officer and Head Legal
Encl.: As above

ANNEXURE I
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. Srikar Reddy (DIN: 00001401)
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise |
Mr. Srikar Reddy's current term as Executive Vice Chairman and Whole-time Director of the Company is 03rd April, 2026. The Board of Directors expiring on have at their meeting held today viz. 6th February, 2026, basis recommendation of the Nomination and Remuneration Committee, approved the re appointment of Mr. Srikar Reddy (DIN: 00001401), as the Executive Vice Chairman and Whole-time Director of the Company, subject to approval of the shareholders of the Company. |
| 2. | Date of Appointment / Re appointment/ Cessation and term of re-appointment |
The Board of Directors at their meeting today i.e., 6th February, 2026 have approved the re-appointment of Mr. Srikar Reddy (DIN: 00001401) as Executive Vice Chairman and Whole-time Director w.e.f. 4th April, 2026 up to 3rd April, 2028 subject to the approval of the shareholders. |
| 3. | Brief Profile | Mr. Srikar Reddy is a graduate from the Regional Engineering College (NIT, Trichy), and a Postgraduate in Management from IIM Calcutta. Mr. Srikar is actively involved with NASSCOM and CII and was the Chairman of the Regional NASSCOM Council. He has been the Speaker at WEF and NASSCOM events. Mr. Srikar was conferred with the distinguished Alumni award by NITT, for his contribution to Industry/Corporate. |
| 4. | Disclosure of relationships between directors |
Mr. Srikar Reddy is not related to any of the Directors or Key Managerial Personnel or Promoters and Promoter group of the Company. |
| 5. | Other Directorships / Memberships (in listed entities in case of resignation of Independent director) |
Not applicable |
| 6. | Information as required under BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/ 2018/24 both dated Junes 20, 2018. |
Mr. Srikar Reddy is not debarred from holding the office of Director pursuant to any SEBI Order or any other such authority. |
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 31 December 2025 and year to date results for the period from 1 April 2025 to 31 December 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
-
- 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 31 December 2025 and year to date results for the period from 1 April 2025 to 31 December 2025 ("the Statement") in which, are included interim financial information from 4 branches and an employee welfare trust.
-
- 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.
-
- 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.
-
- 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
Amrit Bhansali Partner Membership No.: 065155 UDIN:26065155BSYFMY4187
Bengaluru 06 February 2026
BS R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a um,ted Liability Partnership with LLP Registration No. MB-8181) with effect from October 14. 2013 14th Floor, Central 8 Wing and North C \Mng, Nescx, IT Park 4, Nesco Center, Westem Express Highway, Goregaon (East). Mumbai - 400063
Page 1 of 1
SONATA SOFTWARE LIMITED
Registered Office: 208, T .V. Industrial Estate, S.K. A hire Marg, Worli, Mumbai - 400 030
Corporate Office: Sonata Towers, Global Village, RVCE Post, Mysore Road, Bengaluru - 560 059
CIN • L72200MH1994PLC082110
www.sonata-softw are.com, Tel: +91-080-67781000, [email protected]
~in lakhs, except per share data J
| Quarter ended | Nine months ended | Year ended | |||||
|---|---|---|---|---|---|---|---|
| SI No. Particulars | December 31, 2025 September 30, 2025 December 31, 2024 December' 31, 2025 December 31, 2024 | March 31, 2025 | |||||
| (Unaudited} | (Unaudited} | (Unaudited) | (Unoudited) | {Unaudited) | {Audited) | ||
| 1 | Reve nue from operations | 37.108 | 30.640 | 24,143 | 95,605 | 72,564 | 99,131 |
| 2 | Other income | 3,458 | 14,226 | 947 | 19,039 | 17,779 | 18,392 |
| 3 | Total income (1 + 2) | 40,S66 | 44,866 | 2S,090 | 114,644 | 90,343 | 117,523 |
| 4 | Expenses (a) Purchase of stock-in-trade (traded goods) |
8,120 | 2,162 | 41 | 10,306 | 178 | 213 |
| (b) Changes in inventories of stock-in-trade | 2 | (3) | (4) | (2) | |||
| (c) Employee benefits expense | 21,752 | 22,251 | 20,104 | 64,928 | 56,706 | 77,550 | |
| (d) Finance costs | 375 | 342 | 143 | 1,004 | 361 | 469 | |
| (e) Depreciation and amortization e)(pense | 754 | 794 | 542 | 2,316 | 1,600 | 2,129 | |
| (f) Other expenses | 3,431 | 3,277 | 3,459 | 10,262 | 10,466 | 13,687 | |
| Total expenses | 34,434 | 28,823 | 24,289 | 88,812 | 69,311 | 94,046 | |
| 5 | Profit before exceptional items and tax (3 - 4) | 6,132 | 16,043 | 801 | 25,832 | 21,032 | 23,477 |
| 6 | Exceptional item (Refer Note 6) | ||||||
| Statutory impact of new labour codes | 2,620 | 2,620 | |||||
| 7 | Profit before tax (5 - 6) | 3,512 | 16,043 | 801 | 23,212 | 21,032 | 23,477 |
| 8 | Tax expense | ||||||
| (1) Current tax | 191 | 1,175 | 388 | 2,814 | 1,696 | 2,337 | |
| (2) Deferred tax | 17 | 191 | (179) | 148 | (241) | (237) | |
| Total tax expense | 208 | 1,366 | 209 | 2,962 | 1,455 | 2,100 | |
| 9 | Profit for the period (7 - 8) | 3,304 | 14,677 | 592 | 20,250 | 19,577 | 21,377 |
| 10 Other comprehensive income | |||||||
| (1) Items that will not be reclassified to profit/(loss) | |||||||
| (a) Remeasurement of the defined benefit plans | (17) | 145 | (477) | 21 | 116 | (44) | |
| (b) Income tax relating to Items that will not be reclassified to | |||||||
| profit/(loss) | 5 | (37) | 120 | (5) | (29) | 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 | (4) | (549) | (139) | (496) | (508) | (115) | |
| (bl Income tax relating to Items that will be reclassified to profit/(loss) | 1 | 138 | 35 | 125 | 129 | 29 | |
| Total | (lS) | (303) | (461) | (355) | (292) | (119) | |
| 11 Total comprehensive income for the period {9 + 10) | 3,289 | 14,374 | 131 | 19,895 | 19,28S | 21,258 | |
| 12 Paid-up equity share capital (Face Value~ 1/-) | 2,773 | 2,774 | 2,776 | 2,773 | 2,776 | 2,776 | |
| 13 Other equity (Refer Note 7) | 77,554 | 77,554 | 67,893 | 77,554 | 67,893 | 77,S54 | |
| 14 | Earnings per equity share (of~ 1/- each) (Refer Note 4) | ||||||
| (a) Basic (in ~) | 1.19 | 5.29 | 0 .21 | 7.30 | 7.05 | 7.70 | |
| (b) O;luted (;n ~I | 1.19 | 5.29 | 0 .21 | 7.30 | 7.04 | 7.69 | |
| See accompanying notes to the standalone financial results |
VO
!Part I
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 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 February 06, 2026. 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.sonatasoftware.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.
- 3 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 and nine months periods are not annualised.
- 5 Other income for the quarter ended December 31, 2025 includes dividend income received from subsidiaries, Sonata Information Technology Limited ~ 2,000 Lakhs and Sonata Software Solutions Limited ~ 1,000 lakhs. Other income for the nine months ended December 31, 2025 includes dividend income received from subsidiaries, Sonata Information Technology Limited ~ 12,000 Lakhs and Sonata Software Solutions Limited~ 3,500 lakhs.
- 6 On November 21, 2025, the Government of India notified provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational safety, Health and Working Conditions Code, 2020, (Labour Codes') which consolidate 29 existing labour laws into a unified framework governing employee benefits during employment and post-employment.
Based on the requirements of New Labour Codes and relevant Accounting Standards, the Company has estimated the liability for employee benefits, which has resulted in an incremental expense, on account of recognition of past service costs. The Company has assessed and disclosed the incremental impact of these changes on the basis of the best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India. Considering the materiality, regulatory-driven, non-recurring nature of this impact, the Company has presented the same as an 'Exceptional Item' in the standalone statement of profit and loss for the quarter and nine months ended December 31, 2025 consisting of gratuity of ~ 1,988 lakhs and compensated absences of~ 632 lakhs.
The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed.
7 The other equity with respect to quarter and nine months period ended December 31, 2025 and quarter ended September 30, 2025, represents balance as per the audited Balance Sheet of the previous year as required by SEBI {listing and Other Disclosure Requirements) Regulations, 2015
For and on behalrr:oard of Directors
). f;v--r-- _ , ir Dhir Managing Director & CEO
Place : Bengaluru Date : February 06, 2026
8 SR & Co. LLP
Chartered Accountants
Embassy Golf Links Business Park Pebble Beach, 8 Block, 3rd Floor No. 13/2, off Intermediate Ring Road Bengaluru - 560 071 , India Telephone: +91804682 3000 Fax: +91 80 4682 3999
Limited Review Report on unaudited consolidated financial results of Sonata Software Limited for the quarter ended 31 December 2025 and year to date results for the period from 1 April 2025 to 31 December 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
-
- 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 31 December 2025 and year to date results for the period from 1 April 2025 to 31 December 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").
-
- 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 conclusion on the Statement based on our review.
-
- 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.
-
- The Statement includes the results of the entities as disclosed in Annexure I to the Statement.
-
- 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 ~ he mannec in which it is to be disclosed, oc that it contains any matenal misstatement.
8 SR & Co. (a partnership firm with RegistratlOO No. BA61223} conw,rtAd into B S R .a. Co. LLP (a u.-n.k-d Uubifity r"or111Cr.,oIpw,m LLP KegIstra11on No. AAB-8181) W'ith effect from October 14, 2013 Registered Office:
1-,u, rtoor, cemra1 1:1 wing and North C Wng, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063
Limited Review Report (Continued) Sonata Software Limited
- 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. 3,546 lakhs and Rs. 10,592 lakhs, total net profit after tax (before consolidation adjustments) of Rs. 280 lakhs and Rs. 87 lakhs and total comprehensive income (before consolidation adjustments) of Rs. 333 lakhs and Rs 195 lakhs, for the quarter ended 31 December 2025 and for the period from 1 April 2025 to 31 December 2025 respectively, 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 B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022
Partner Membership No.: 065155 UDIN:26065155WRYBJU2138
Bengaluru 06 February 2026
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 oub:sidlary |
8 SR & Co. LLP
Limited Review Report (Continued)
Sonata Software Limited
| Sr. No | Name of component | Relationship |
|---|---|---|
| 19 | Sonata Software Worldwide Malaysia SDN. BHD. (formerly known as GAPbuster Worldwide Malaysia SDN. 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 CV | Step-down Subsidiary |
| 22 | Sonata Software Solutions North America Inc. (formerly known as Quant Systems Inc.) |
Step-down Subsidiary |
| 23 | Sonata Software Technology Private Limited (formerly known as Quant Cloud Solutions Private Limited) |
Step-down Subsidiary |
| 24 | Woodshed LLC | Step-down Subsidiary |
| 25 | Quant Systems CRC Inc 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 (Incorporated w.e.f. 12 May 2024) |
Step-down Subsidiary |
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]
| Part I | 11!.: in lakhs, except per share data | ||||||
|---|---|---|---|---|---|---|---|
| Statement of unaudited consolidated financial results for the quarter and nine months period ended December 31, 2025 | |||||||
| Quarter ended | Nine months ended | Year ended | |||||
| SI No. | Particulars | December 31, 2025 | September 30, 2025 | December 31, 2024 | December 31, 2025 | December 31, 2024 | March 31, 2025 |
| /Unaudited} | /Unaudited} | /Unaudited} | /Unaudited} | /Unaudited} | (Audited} | ||
| 1 | Revenue from operations | 308,0S8 | 211,930 | 284,279 | 8 16,SOS | 754,005 | 1,015,725 |
| 2 3 |
Ot her income Total income {1 + 2) |
1,140 309,198 |
3,136 215,066 |
2,149 286,428 |
6,697 823,202 |
5,955 759,960 |
7,115 1,022,840 |
| 4 | Expenses (a) Purchase of stock-in-trade (traded goods) |
243,130 | 134,966 | 201,522 | 600,855 | 514,148 | 703,106 |
| (b) Changes in inventories of stock-in-trade | (3,074) | 2,880 | 1,710 | (2,097) | 7,712 | 5,076 | |
| (c) Employee benefits expense | 37,121 | 42,250 | 40,428 | 121,17S | 117,830 | 159,767 | |
| (d) Finance costs (e) Depreciation and amortization expense |
1,299 2,654 |
1,421 2,626 |
1,597 3,227 |
3,228 7,888 |
5,516 9,8<16 |
6,525 12,149 |
|
| (f} Other expenses | 10,861 | 14,564 | 24,262 | 43,316 | 62,617 | 78,851 | |
| Total expenses | 291,991 | 198,707 | 272,746 | 774,365 | 717,669 | 965,474 | |
| 5 | Profit before exceptional item and tax (3 - 4) | 17,207 | 16,359 | 13,682 | 48,837 | 42,291 | 57,366 |
| 6 | Exceptional item Statutory impact of new labour codes (Refer Note 6) |
3,128 | 3,128 | ||||
| 7 | Profit before tax {5 - 6) | 14,079 | 16,359 | 13,682 | 45,709 | 42,291 | 57,366 |
| 8 | Tax expense (1) Current tax |
5,066 | 3,758 | 4,253 | 14,139 | 13,558 | 17,285 |
| (2) Deferred tax | (1,423) | 582 | (1,072) | (1,819) | (2,981) | (2,386) | |
| Total tax expense | 3,643 | 4,340 | 3,181 | 12,320 | 10,577 | 14,899 | |
| 9 | Profit for the period (7 - 8) | 10,436 | 12,019 | 10,501 | 33,389 | 31,714 | 42,467 |
| 10 | Other comprehensive income (1) Items that will not be reclassified to profit/(loss) (a) Remeasurement of the defined benefit plans (b) Equity instrument.5, through other comprehensive income {c) Income tax relating: to Items that will not be reclassified to profit/(loss) |
(92) 23 |
145 (37) |
(474) (15) 119 |
(100) 25 |
118 (289) (30) |
(56) (938) 14 |
| (2) Items that will be reclassified to profit or (loss) (a) Exchange differences in translating the financial statements of foreign operations (b) The effective portion of gains/ (losses) on hedging instruments in a cash |
552 | 1,080 | (202) | 1,683 | 411 | 488 | |
| flow hedge | (1911 | (1,179) | (152) | (726) | (916) | (389) | |
| (c) Income tax relating to Items that will be reclassified to profit/(loss) Total |
(91) 201 |
25 34 |
89 (635) |
(241) 641 |
127 (579) |
(25) (906) |
|
| 11 | Total comprehensive income for the period (9 + 10) | 10,637 | 12,053 | 9,866 | 34,030 | 31,135 | 41,561 |
| Of the total comprehensive income above, profit for the period attributable to: Owners of the Company Non • controlling interest |
10,436 | 12,019 | 10,501 | 33,389 | 31,714 | 42,467 | |
| 10,436 | 12,019 | 10,501 | 33,389 | 31,714 | 42,467 | ||
| Of the total comprehensive income above, other comprehensive income for the period attributable to: |
|||||||
| Owners of the Company Non - controlling interest |
201 | 34 | (635) | 641 | (579) | (906) | |
| 201 | 34 | (635) | 641 | (579) | (906) | ||
| Of the total comprehensive income above, total comprehensive income attributable to: Owners of t he Company |
10,637 | 12,053 | 9,866 | 34,030 | 31,135 | 41,561 | |
| Non • controlling interest | 10,637 | 12,053 | 9,866 | 34,030 | 31,135 | 41,S61 | |
| 12 | Paid-up equity share capit al (Face Value~ 1/·) | 2,773 | 2,774 | 2,776 | 2,773 | 2,776 | 2,776 |
| 13 14 |
Other equity (Refer Note S) Earnings/ (loss) per equity share (of~ 1/- each) (Refer Note 4) (a) Basic (in ,1 |
167,818 3.76 |
167,818 4.33 |
137,854 3.78 |
167,818 12.03 |
137,854 | 167,818 |
| {b) Diluted (in"-) See accompanying notes to the consolidated financial results |
3.76 | 4.33 | 3.78 | 12.03 | 11.42 11.41 |
1530 15.28 |
|
Notes:
1 The consolidated financial results is prepared in accordance wit h the Indian Account ing 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 February 6, 2026. 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 SON. BHD., GAPbuster Worldwide Pty Limited, Sonata Software Japan KK , Encore Software Services, Inc. (merged wit h SSNA with effect from August 26, 2024), Encore IT Services Solutions Privat e Limited, Sonata Software Intercontinental Limited, Sonata Software Canada Limited, Sonata Latin America S. DE R.L. DE C.V., Sonata Software Solutions North America, Inc. (formerly known as Quant Systems Inc.), Quant Systems CRC Inc Sociedad De Responsabilidad Limitada (CRC LLC), Sonata Software Technology Private Limited (formerly known as Quant Cloud Solutions Private Limited), Woodshed LLC, Sonata Software Malaysia SON. BHD and Sonata Software Solutions, Egypt.
- 3 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 EPS for quarterly and nine months periods are not annualised.
- 5 The other equity with respect to quarter and nine months period ended December 31, 2025 and quarter ended September 30, 202S represents balance as per the audited consolidated Balance Sheet of the previous year as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015.
- 6 On November 21, 2025, the Government of India notified provisions of t he Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and t he Occupational safety, Health and Working Conditions Code, 2020, (Labour Codes') which consolidate 29 existing labour laws into a unified framework governing employee benefits during employment and post-employment. Based on the requirements of New Labour Codes and relevant Accounting Standards, the Group has estimated the liability for employee benefits, which has resulted in an incremental expense, on account of recognition of past service costs. The Group has assessed and disclosed the incremental impact of these changes on the basis of the best information available, consistent with the guidance provided by the Inst itute of Chartered Accountants of India. Considering the materiality, regulatory-driven, non-recurring nature of this impact, the Group has presented the same as an 'Exceptional Item' in the consolidated statement of profit and loss for the quarter and nine months ended December 31, 2025 consisting of gratuity of~ 2,329 lakhs and compensated absences of ~ 799 lakhs. The Group continues to monitor the finalisation of Central/ State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed.
| Unaudited standalone financial results | (>; in lakhs) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Quarter ended | Year ended | |||||||||
| Particulars | December 31, 2025 |
September 30, 2025 |
December 31, 2024 |
December 31, 2025 |
2024 | December 31, March 31, 2025 | ||||
| {Unaudited) | {Unaudited) | (Unaudited) | (Unaudited) | {Unaudited) | (Audited) | |||||
| Revenue from operations | 37,108 | 30,640 | 24,143 | 95,605 | 72,564 | 99,131 | ||||
| Profit before tax | 3,512 | 16,043 | 801 | 23,212 | 21,032 | 23,477 | ||||
| Profit after tax | 3,304 | 14,677 | 592 | 20,250 | 19,577 | 21,377 |
The results for the quarter and nine months period ended December 31, 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 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 :
| Particulars | Quarter ended | Nine months ended | Year ended | |||
|---|---|---|---|---|---|---|
| December 31, 2025 |
September 30, December 31, 2025 |
2024 | December 31, 2025 |
2024 | December 31, March 31, 2025 | |
| (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Audited) | |
| 1. Segment revenue | ||||||
| a. India | 203,448 | 126,738 | 184,140 | 515,716 | 451,803 | 611,325 |
| b. Other than India | 104,911 | 85,435 | 100,366 | 302,319 | 303,534 | 405,897 |
| Total | 308,359 | 212,173 | 284,506 | 818,035 | 755,337 | 1,017,222 |
| Less: Inter segment revenue | (301) | (243) | (227) | (1,530) | (1,332) | (1,497) |
| Revenue from operations | 308,058 | 211,930 | 284,279 | 816,505 | 754,005 | 1,015,725 |
| 2. Segment results | ||||||
| Profit before tax, interest, depreciation and amortization | ||||||
| a. India | 6,094 | 5,670 | 5,862 | 17,559 | 15,843 | 22,466 |
| b. Other than India | 15,066 | 14,547 | 12,574 | 42,205 | 40,691 | 52,433 |
| Total | 21,160 | 20,217 | 18,436 | 59,764 | 56,534 | 74,899 |
| Less: Depreciation and amortization | (2,654) | (2,626) | (3,227) | (7,888) | (9,846) | (12,149) |
| Less: Finance costs | (1,299) | (1,421) | (1,597) | (3,228) | (5,516) | (6,525) |
| Add: Unallocable income net of unallocable expenditure | 189 | 70 | 189 | 1,119 | 1,141 | |
| 3. Profit before exceptional item and tax E, c~ptional item |
17,207 | 16,359 | 13,682 | 48,837 | 42,291 | 57,366 |
| • Statutory impact of new labour codes | 3,128 | - | 3,128 | |||
| 4. Profit before tax | 14,079 | 16,359 | 13,682 | 45,709 | 42,291 | 57,366 |
| The consolidated segment wise assets and liabilities are as follows· | {~ in lakhs) | ||||
|---|---|---|---|---|---|
| Particulars | December 31, 2025 |
September 30, 2025 |
2024 | December 31, March 31, 2025 (Audited) |
|
| (Unaudited) | (Unaudited) | (Unaudited) | |||
| 5. Segment assets | |||||
| a. India | 157,317 | 129,425 | 136,367 | 139,880 | |
| b. Other than India | 313,315 | 293,116 | 308,281 | 302,106 | |
| c. Unallocable | 37,969 | 38,384 | 34,427 | 33,529 | |
| Total assets | 508,601 | 460,925 | 479,075 | 475,515 | |
| 6. Segment liabilities | |||||
| a. India | 171,595 | 129,670 | 138,900 | 143,704 | |
| b. Ot her than India | 127,221 | 128,538 | 151,970 | 138,022 | |
| c. Unallocable | 25,535 | 25,498 | 28,261 | 23,195 | |
| Total liabilities | 324,351 | 283,706 | 319,131 | 304,921 | |
| 7. Capital employed (5-6) | 184,250 | 177,219 | 159,944 | 170,594 |
For and on behalf of the Board of Directors
1~~. S3/"ir Dhir
rlfanaging Director & CEO
Place : Bengaluru Date : February 6, 2026
.,.. V1

Sonata Software consolidated PAT (before exceptional item) grew by 6.1% QoQ and 21.4 % YoY.
Consistent quarterly interim dividend of INR 1.25 per share.
Bengaluru, February 06, 2026
Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leading Modernization Engineering Company, today reported its unaudited financial results for the Quarter ended December 31, 2025.
| in ₹ Crores | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Description | For the Quarter ended | For the nine months ended | ||||||||
| 31-Dec-25 | 30-Sep-25 | QoQ | 31-Dec-24 | YoY | 31-Dec-25 | 31-Dec-24 | YoY | |||
| Revenues | ||||||||||
| International IT Services | 738.6 | 730.3 | 1.1% | 731.7 | 0.9% | 2168.8 | 2.127.4 | 1.9% | ||
| Domestic- Products & Services | 2,345.9 | 1,391.3 | 68.6% | 2,111.1 | 11.1% | 6011.9 | 5,422.4 | 10.9% | ||
| Consolidated | 3,080.6 | 2,119.3 | 45.4% | 2,842.8 | 8.4% | 8165.1 | 7,540.0 | 8.3% | ||
| EBITDA # | ||||||||||
| International IT Services | 144.0 | 126.3 | 14.0% | 107.1 | 34.5% | 386.2 | 364.8 | 5.9% | ||
| Domestic- Products & Services | 56.2 | 46.5 | 20.9% | 56.4 | $-0.5%$ | 146.6 | 152.2 | $-3.6%$ | ||
| Consolidated | 200.2 | 172.7 | 15.9% | 163.6 | 22.4% | 532.5 | 517.0 | 0.0 | ||
| PAT before exceptional item^ | ||||||||||
| International IT Services | 80.4 | 78.0 | 3.0% | 56.9 | 41.2% | 229.1 | 184.3 | 24.3% | ||
| Domestic- Products & Services | 47.1 | 42.2 | 11.6% | 48.1 | $-2.1%$ | 128.7 | 132.8 | $-3.1%$ | ||
| Consolidated | 127.5 | 120.2 | 6.1% | 105.0 | 21.4% | 357.0 | 317.1 | 12.6% | ||
| PAT post exceptional item ^ | ||||||||||
| International IT Services | 59.8 | 78.0 | 56.9 | 208.6 | 184.3 | |||||
| Domestic- Products & Services | 44.6 | 42.2 | 48.1 | 125.3 | 132.8 | |||||
| Consolidated | 104.4 | 120.2 | 105.0 | 333.9 | 317.1 |
EBITDA (before Other Income & Fx, and exceptional item)
^ Pursuant to the notification of the new Labour Codes by the Government of India, Sonata recognised a one-time incremental expense towards past service costs for employee benefits. Accordingly, an exceptional item of ₹31.3 crore was recorded during the quarter, comprising gratuity of ₹23.3 crore and leave encashment of ₹8.0 crore.
Commenting on the Q3 performance, Mr. Samir Dhir, MD & CEO of Sonata Software, said:
International IT Services delivered steady progress during the quarter, with consolidated PAT improving significantly in the last two quarters. Following a 10% PAT growth in the previous quarter, we achieved a further 6.1% quarter-on-quarter growth in the current quarter. The business secured a large deal in the BFSI vertical with a Fortune 500 fintech client, reinforcing our strategy of driving growth through large deals backed by disciplined execution. Our continued strategic investments in Artificial Intelligence contributed approximately 14% of the overall order book for the quarter.
Mr. Sujit Mohanty, MD & CEO of Sonata Information Technology Limited, added:
We delivered a seasonally strong quarter in our domestic business. Our three-pillar strategy to diversify the business is in motion, focused on building a scaled and resilient operating model. We remain confident that this strategic direction will drive a more diversified, scalable, and future-ready business.
Financial Highlights for Q3'26:
• International IT Services:
- In USD terms, Q3'26 revenue stood at \$82.3 million, growth of 0.4% QoQ and 0.3% in CC.
- In Rupee terms, Q3'26 revenue stood at ₹738.6 crores, growth of 1.1% QoQ.
- EBITDA (before other income and forex) for Q3'26 stood at 19.5%, 220bps accretion QoQ.
- PAT before exceptional item for Q3'26 stood at ₹80.4 crores, growth of 3.0% QoQ
- PAT post exceptional item for Q3'26 stood at ₹59.8 crores.
- DSO stood at 71 days in Q3'26, compared to 68 days in Q2'26.
- ROCE stood at 18.7% in Q3'26, compared to 17.8% in Q2'26.
- RONW stood at 23.1% in Q3'26, compared to 22.6% in Q2'26.
- 3 new customers were added during the quarter.
• Domestic Products & Services:
- Revenue for Q3'26 stood at ₹2,345.9 crores, growth of 68.6% QoQ.
- Gross contribution for Q3'26 stood at ₹76.1 crores, growth of 10.8% QoQ.
- EBITDA (before other income and forex) for Q3'26 stood at ₹56.2 crores, 20.9% QoQ.
- PAT before exceptional item for Q3'26 stood at ₹47.1 crores, growth of 11.6% QoQ.
- PAT post exceptional item for Q3'26 stood at ₹44.6 crores.
- DSO stood at 42 days in Q3'26, Same as compared to Q2'26.
- ROCE stood at 43.1% in Q3'26, compared to 43.8% in Q2'26.
- RONW stood at 41.8% in Q3'26, compared to 42.5% in Q2'26.
• Consolidated:
- Revenue for Q3'26 stood at ₹3,080.6 crores, growth of 45.4% QoQ.
- EBITDA (before other income and forex) for Q3'26 stood at ₹200.2 crores, growth of 15.9% QoQ.
- PAT before exceptional item for Q3'26 stood at ₹127.5 crores, growth of 6.1% QoQ and 21.4% YoY.
- PAT post exceptional item for Q3'26 stood at ₹104.4 crores.
- Cash and cash equivalents (gross) stood at INR 564 Crores.
- Cash and cash equivalents (net) stood at negative ₹ 12 Crores.
- ROCE stood at 23.3% in Q3'26, compared to 22.1% in Q2'26.
- RONW stood at 27.7% in Q3'26, compared to 27.1% in Q2'26.
- The Company has declared its third interim dividend for the financial year at ₹1.25 per share. This is in line with the commitment made during the Q1'26 earnings call to implement a quarterly interim dividend payout policy starting this year.
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 AI-led Modernization Engineering 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. We have launched bleeding edge Agentic AI offering – AgentBridge – that enables enterprises to usher in the era of intelligent, scalable AIdriven operations.
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]