17 Jan 2021 | 3:24 AM

News

COMPANYNEWS
Sonata Software Q2 net profit down 0.30% at Rs 45.90 cr
  Sonata Software Ltd. | 17 Jan 2020 | 10:51 AM
Published on 10-30-2019
The company reported standalone net profit of Rs 45.90 crore for the quarter ended September 30 2019 as compared to Rs 46.04 crore in the same period last year registering a year-on-year decline of 0.30 per cent.


Net revenue of the company rose marginally by 4.99 per cent at Rs 216.11 crore in July-September quarter of this fiscal as against Rs 205.83 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 8.12 per cent to Rs 165.69 crore from Rs 153.25 crore in year ago period.


Other Income grew by 50.12 per cent at Rs 19.32 crore versus (Sep`18 Rs 12.87 crore).


Operating Profit slipped by 4.11 per cent to Rs 50.42 crore as against Rs 52.58 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 8.69 per cent in September quarter.


Interest grew by 5180.00 per cent y-o-y to Rs 2.64 crore while Taxation decreased by 9.49 per cent at Rs 16.11 crore (Sep`18 Rs 17.80 crore).