DBT Bureau
Pune, 16 Nov 2025
Sonata Software, a leading Modernization Engineering Company, today reported its unaudited financial results for the Quarter and half year ended September 30, 2025.
Commenting on the Q2 performance, Samir Dhir, MD & CEO of Sonata Software, said: “International IT Services reported steady progress during the quarter, consolidated PAT improving by 10% quarter-on-quarter. The business secured a large deal in the healthcare vertical with a leading provider, reaffirming our focus on driving growth through large deals and consistent execution. Our continued strategic investments in Artificial Intelligence are delivering results, with AI-led orders accounting for approximately 10% of the overall order book for the quarter. As clients accelerate AI-enabled modernization to enhance competitiveness, we remain confident in the company’s long-term growth trajectory.”
Sujit Mohanty, MD & CEO of Sonata Information Technology Limited, added: “We continue to execute on our three-pillar strategy focused on driving growth in the Microsoft SMC sector, expanding our AI-led partnerships with ISVs, and securing large system integration deals. During the quarter, we added new clients across all three pillars, with particularly strong traction in the Microsoft SMC segment. Despite prevailing industry headwinds in certain sectors, our disciplined execution and focused investments continue to position us well for sustained growth.”
Financial Highlights for Q2’26:
International IT Services:
- In USD terms, Q2’26 revenue stood at $82.0 million, growth of 0.2% QoQ and 1% in CC.
- In Rupee terms, Q2’26 revenue stood at ₹730.3 crores, growth of 4.3% QoQ.
- EBITDA (before other income and forex) for Q2’26 stood at 17.3%, 70bps accretion QoQ.
- PAT for Q2’26 stood at ₹78.0 crores, growth of 10.3% QoQ
- DSO stood at 68 days in Q2’26, compared to 62 days in Q1’26.
- ROCE stood at 17.8% in Q2’26, compared to 14.7% in Q1’26.
- RONW stood at 22.6% in Q2’26, compared to 20.9% in Q1’26.
- 6 new customers were added during the quarter.
Domestic Products & Services:
- Revenue for Q2’26 stood at ₹1391.3 crores, decline of 38.8% QoQ.
- Gross contribution for Q2’26 stood at ₹68.7 crores, growth of 0.3% QoQ.
- EBITDA (before other income and forex) for Q2’26 stood at 3.3%, 140bps accretion QoQ.
- PAT for Q2’26 stood at ₹42.2 crores, growth of 9.3% QoQ.
- DSO stood at 42 days in Q2’26, compared to 63 days in Q1’26.
- ROCE stood at 43.8% in Q2’26, compared to 33.6% in Q1’26.
- RONW stood at 42.5% in Q2’26, compared to 32.5% in Q1’26.
Consolidated:
- Revenue for Q2’26 stood at ₹2,119.3 crores, decline of 28.5% QoQ.
- EBITDA (before other income and forex) for Q2’26 stood at 8.1%, 280bps accretion QoQ.
- PAT for Q2’26 stood at ₹120.2 crores, growth of 10.0% QoQ.
- Cash and cash equivalents (gross) stood at INR 323 Crores.
- Cash and cash equivalents (net) stood at negative ₹ 280 Crores.
- ROCE stood at 22.1% in Q2’26, compared to 18.5% in Q1’26.
- RONW stood at 27.1% in Q2’26, compared to 24.0% in Q1’26.
- The Company has declared its second interim dividend for the financial year at ₹1.25 per share.
