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Corporate Results - Software
Info-Tech - Financial Performance
Sonata net up at Rs 15.7 cr

Our Bureau

Bangalore, Jan. 20

Sonata Software Ltd's consolidated net for the quarter ended December 31, 2006 grew 84 per cent, while its revenues increased 123 per cent over the corresponding quarter last year. The company reported a third quarter consolidated net of Rs 15.7 crore on revenues of Rs 284 crore compared with a net of Rs 8.51 crore on revenues of Rs 115.45 crore in the corresponding last quarter. On a stand-alone basis, it reported a net of Rs 9.86 crore on revenues of Rs 45.5 crore compared with a net of Rs 7.11 crore on revenues of Rs 42.3 crore. Sonata added seven new clients during the quarter. The company had a total employee strength of 2181 as on December 31, 2006.

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