Sonata Software net profit for FY08 up 22%

Sonata Software has posted a consolidated net profit of Rs 58.52 crore for the year ended March 31, 2007, up 22 per cent from Rs 48.03 crore last year.

 The software company's consolidated revenue for the year ended March 31, 2008 is Rs 1,428.37 crore, up 59 per cent from Rs 897.73 crore last year.

The board of directors of the company have also recommended a final dividend of 60 per cent, which along with the interim dividend of 50 per cent, brings the total dividend to 110 per cent.