Sonata Software Q4 Review - Digital Platforms, Cloud To Drive Growth: Prabhudas Lilladher
An attendee working on an Apple Inc. laptop computer participates in the Yahoo! Inc. Mobile Developer Conference Hackathon in New York. (Photographer Victor J. Blue/Bloomberg)

Sonata Software Q4 Review - Digital Platforms, Cloud To Drive Growth: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Sonata Software Ltd. reported strong beat in IT services revenue with growth of 6.8% QoQ U.S. dollar (our estimate: 4%) driven by digital based competencies like Managed cloud services (12.3% QoQ U.S. dollar) and digital platformation services - Microsoft (9.2% QoQ U.S.) and open source (12.3% QoQ U.S. dollar) and focused verticals like ISV (9.3% QoQ U.S. dollar), distribution and manufacturing (11.8% QoQ U.S. dollar).

Growth momentum sustained in domestic products business with up 26% YoY U.S. dollar driven by multi-year cloud-based annuity deals.

Click on the attachment to read the full report:

Prabhudas Lilladher Sonata Software Q4FY21 Result Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.