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Our Bureau

Mumbai, Jan. 22

Sonata Software has reported an 84.6 per cent rise in net profit, at Rs 15.71 crore for the quarter ended December 31, 2006. The company had reported a net profit of Rs 8.51 crore in the same year ago period. The company's consolidated revenues more than doubled to Rs 284 crore (Rs 128 crore).

The consolidated results for the quarter include results of TUI Infotech for the period November 1, 2006 to December 31 (net profit of Rs 5.25 crore and revenues of Rs 128.98 crore ). For the nine months ended December 31, net profit grew by 78 per cent to Rs 35.2 crore (Rs 19.76 crore), while consolidated revenues grew by 66 per cent to Rs 543 crore (Rs.327 crore).

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