Press Release

The company was awarded for its Excellence in Corporate Governance in the 'Emerging
Category' for listed companies.

January 16, 2024, Bengaluru: Sonata Software [NSE: SONATSOFTW, BSE: 532221], the leading Modernization Engineering company, announced that it has been adjudged the ‘Best Governed Company Listed Segment: Emerging Category’ 2023 by the Institute of Company Secretaries of India (ICSI) for Excellence in Corporate Governance.

Sonata’s modernisation solution aims to accelerate Ammega’s business growth.

December 20, 2023, Bengaluru: Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leading Modernisation Engineering company, has announced that it has signed a contract with AMMEGA Group, a global leader in Conveyor Belts and Power Transmission with manufacturing sites and Customer Solution Centers (CSCs) around the world.

Data connectors for OEMs to further improve farmer and industry connectivity.

International Services Revenue grew by 4.6% QoQ (40% YoY) in USD, and Domestic Gross Contribution grew by 16.5% YoY in INR. Board approved a 1:1 bonus issue and an interim dividend of ₹ 7 per share.
Consolidated PAT for Q2 FY 23-24 grew by 3% QoQ.

October 25, 2023, Bengaluru: Sonata Software, a global IT services and technology solutions company, today reported its unaudited financial results for its 2^nd quarter ended 30^th September 2023.

Sonata Software signed a multi-year contract with GCX to transform their business
operations leveraging Cloud, Data, and AI technologies.

Company recognized by Microsoft for outstanding achievement and innovation in Manufacturing & Conglomerates, ITES, and Digital Natives categories.

September 6, 2023, Bengaluru: Sonata Software (NSE: SONATSOFTW, BSE:532221), the leading Modernization Engineering company, has announced that Sharmila Sherikar has joined the organization as Senior Vice President and Head of Corporate Development.

Another Play Big move by Sonata in Cloud & Data space.

20^th July 2023, Bangalore: Sonata Software, a leading global Modernization Engineering company announced that it has achieved Select Tier partner status from Snowflake, the Data Cloud Company, for the US region. As a select partner, Sonata can accelerate the digital transformation of its joint customers who can fully leverage the performance, flexibility, and near-infinite scalability of the Snowflake Data Cloud.

Fortune 500 clients actively engaged with Sonata to enable their Modernization journey, powered by its GenAI platform.

Sonata Software – International Services Revenue in USD terms grew by 17.5% QoQ (4% QoQ organic), and Domestic Gross Contribution grew by 6.4% QoQ. Consolidated PAT for Q1 FY 23-24 grew by 6% QoQ.

29^th July 2023, Bangalore: Sonata Software, a global IT services, and technology solutions company, today reported its unaudited financial results for its 1st quarter ended 30th June 2023.