Sonata Announces FY05 IV quarter and Year-ended March 2005 results
Sonata net up 44% - Increases Final Dividend to 35 %
Bangalore, April 21, 2005.
The Board of Directors, at its meeting held here today, took on record the Audited Accounts of Sonata Software Ltd for the Quarter & Year Ended 31st March 2005.
The Company's consolidated revenue was Rs. 3,293.07 million for the Year ended 31st March 2005 as compared to Rs. 2,221.99 million for the previous year, an increase of 48%. PAT was at Rs. 160.87 million for the Year ended 31 March 2005 as compared to Rs. 100.50 million for the previous year, an increase of 60%.
Speaking on the occasion, Mr. B. Ramaswamy, President & Managing Director stated, "Growth during the year is a vindication of the partnership model the Company has been pursuing for the last 2-3 years. Spurred by this success, we will continue to pursue this business model even more aggressively".
HIGHLIGHTS
Sonata Software Limited
Year ending 31 Mar 2005 - Year on Year Comparison |
| Rs. In Millions |
| |
Year ended |
Growth % |
| 31.03.05 |
31.03.04 |
| Revenue |
970.10 |
696.84 |
39% |
| Profit Before Tax |
183.47 |
124.89 |
47% |
| Profit After Tax |
164.01 |
113.87 |
44% |
Sonata Software Limited
Q4 ending 31 Mar 2005 - Quarter on Quarter Comparison |
| Rs. In Millions |
| |
Quarter ended |
Growth % |
| 31.03.05 |
31.03.04 |
| Revenue |
270.64 |
194.41 |
39% |
| Profit Before Tax |
49.95 |
34.58 |
44% |
| Profit After Tax |
45.20 |
33.15 |
36% |
Sonata Software Limited
Q4 ending 31 Mar 2005 - Sequential Comparison |
| Rs. In Millions |
| |
Quarter ended |
Growth % |
| 31.03.05 |
31.12.04 |
| Revenue |
270.64 |
252.84 |
7% |
| Profit Before Tax |
49.95 |
47.30 |
6% |
| Profit After Tax |
45.20 |
42.26 |
7% |
Sonata Software Limited-Consolidated
Year ending 31 Mar 2005 - Year on Year Comparison |
| Rs. In Millions |
| |
Quarter ended |
Growth % |
| 31.03.05 |
31.03.04 |
| Revenue |
3,293.07 |
2,221.99 |
48% |
| Profit Before Tax |
192.42 |
125.27 |
54% |
| Profit After Tax |
160.87 |
100.50 |
60% |
Operating Highlights for the Quarter ended 30th Sept 2005
Six new clients were added during the Quarter.
The geographical spread was USA 45% & Europe 55%.
Cash generation from operations for the Quarter ended was Rs.112.91 million.
The Company added 153 employees during the quarter, taking the total to 1549.
Receivables as number of day's sales have reduced from 81 to 73 days.
info@sonata-software.com 
