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Sonata Consolidated Q3 net up 10% to Rs 22 cr

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Announcement Corporate

For the third quarter ended December 31, 2009, Sonata Software’s consolidated revenues stood at Rs 336 crore (Rs 395.35 crore) and consolidated net profit increased by 10% to Rs 21.98 crore (Rs 19.90 crore). 

For the nine months ended December 31, 2009, Sonata Software’s consolidated revenues stood at Rs 1,061.35 crore (Rs 1,223.72 crore) and consolidated net profit at Rs 61.09 crore (Rs 59.34 crore). 

Commenting on the results, B. Ramaswamy, president and managing director, Sonata Software, said: “We are pleased with our overall performance and continued improvement in operational metrics this quarter. Our singular focus on delivering enhanced business value to our customers through simplified processes and flexible business models, have ensured that they can do more with less. This, together with our continuous investments in strengthening our capabilities, have resulted in sustained improvement."

 

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First Published: Jan 19 2010 | 4:48 PM IST

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