Sonata consolidated Q1 NET at Rs.17.81 Crs
Mumbai, July 25, 2008
The Board of Directors at its Meeting held here today, took on record the audited accounts of Sonata Software Limited for the quarter ended June 30, 2008.
HIGHLIGHTS
| Sonata Software Limited (Consolidated) (Rs. in Crs.) |
| |
Q1 08-09 |
Q1 07-08 |
Growth |
| Revenue |
405.62 |
354.63 |
14% |
| EBITD |
37.64 |
35.41 |
6% |
| PAT |
17.81 |
14.00 |
27% |
| Sonata Software Limited (Stand alone) (Rs. in Crs.) |
| |
Q1 08-09 |
Q1 07-08 |
Growth |
| Revenue |
55.35 |
46.20 |
20% |
| EBITD |
16.66 |
10.81 |
54% |
| PAT |
13.27 |
7.74 |
72% |
|
Consolidated
|
PAT for the Quarter was Rs.17.81 cr. up 27% Y.O.Y
EPS (Annualised) at Rs.6.78 as compared to Rs.5.33 for the same Quarter of last year
RONW (Annualised) at 29.97% as compared to 26.08% for the same Quarter of last year
ROCE (Annualised) at 31.33% as compared to 23.75% for same quarter of last year
Prepayment of the balance loan of Euro 4.5 million during the Quarter |
|
Sonata Software Limited (Stand alone)
|
PAT at Rs.13.27 cr. up 72% Y.O.Y
RONW (Annualised) at 25.79% as compared to 15.95% for the same Quarter of last Year
ROCE (Annualised) at 26.25% as compared to 16.19% for the same Quarter of last year
EBITD at 29.50% as compared to 23.38% for the same Quarter of last year |
|
Recognitions
|
Sonata Software ranks among NASSCOM's Top 20 IT Software and Service Exporters list for FY07-08
Sonata Software achieved 2nd runner up position in the IT and ITES (excluding hardware) sector under the large exporters category for D&B ECGC Indian Exporters Excellence Awards
Microsoft Gold Certification for competency in Information Worker Solutions
Microsoft approved partner for SharePoint Deployment Planning Services (SDPS)
Value added distributor of the year 2008 from Oracle |
Mr.B Ramaswamy, President & Managing Director, stated that "Growth in this quarter is accompanied by significant improvements in key parameters like operating margins, return on capital employed and return on net worth. The balance sheet has been further strengthened by the prepayment of loan, which offers tremendous leverage for inorganic growth."
| REVENUE |
(Rs. in Crs.) |
| |
Quarter1 08-09 |
| International |
239.17 |
| Domestic |
166.45 |
| Consolidated* |
405.62 |
| |
|
| International |
|
| Sonata Software Limited |
55.35 |
| ODSi |
12.88 |
| Sonata Software GmbH |
1.88 |
| Sonata Europe Limited |
0.47 |
| TUI InfoTec GmbH |
189.15 |
| Domestic |
|
| SITL |
166.45 |
| PROFIT AFTER TAX (Rs. in Crs.) |
| |
Quarter 1 08-09 |
| International |
14.99 |
| Domestic |
2.82 |
| Consolidated* |
17.81 |
| |
|
| International |
|
| Sonata Software Limited |
13.27 |
| ODSi |
0.65 |
| Sonata Software GmbH |
0.13 |
| Sonata Europe Limited |
(1.26) |
| TUI InfoTec GmbH** |
2.50 |
| Domestic |
|
| SITL |
2.82 |
* Consolidated Revenue and profit after tax are after elimination of inter company transactions.
** Sonata's share of 50.1% of the profit
|
Consolidated
|
Revenue for the Quarter was Rs.405.62 cr. up 14% Y.O.Y
Cash generation from operations was Rs.17.39 cr
Cash reserves as on 30.06.08 was Rs.66.97 cr |
|
Sonata Software Limited (Stand alone)
|
Revenue for the Quarter was Rs.55.35 cr. up 20% Y.O.Y
Revenue in US Dollars up 15% Y.O.Y
Cash generation from operations was Rs.9.98 cr
4 new clients added during the quarter
EPS (Annualised) at Rs.5.05 as compared to Rs.2.94 for the same Quarter of last year |