Sonata Software’s Q2 revenue rises 15% y-o-y

Consolidated EBITDA, before other income, forex and exceptional items, increased 3.9 per cent to ₹179.5 crore

Sonata Software reported a 15.4 per cent year-on-year increase in consolidated revenue to ₹2,445.2 crore for the second quarter of FY27, despite a 25.4 per cent decline sequentially.

Net profit rose 7.7 per cent q-o-q to ₹116.4 crore, compared with ₹108.1 crore in the preceding quarter. However, it declined 3.2 per cent y-o-y. Consolidated EBITDA, before other income, forex and exceptional items, increased 3.9 per cent to ₹179.5 crore.

The company’s International IT-services business reported revenue of ₹797.9 crore, up 9.3 per cent y-o-y and 2.7 per cent sequentially. In constant currency (CC) terms, revenue grew 1.3 per cent y-o-y and 1.2 per cent q-o-q. EBITDA margin was 15.5 per cent. Net profit declined 11.4 per cent y-o-y to ₹69.1 crore, although it increased 11.1 per cent sequentially.

The Domestic Products and Services business recorded revenue of ₹1,655.6 crore, a 19 per cent y-o-y increase. Sequentially, however, it declined 33.9 per cent. Net profit stood at ₹47.3 crore, up 12.2 per cent y-o-y and 3.1 per cent q-o-q.

Headcount, including the domestic business, stood at 6,214 at the end of the quarter, compared with 6,293 in the previous quarter and 6,629 a year earlier. Attrition declined to 10 per cent from 13 per cent in Q1 FY27 and 14 per cent in Q2 FY26.

Rajsekhar Datta Roy, CEO of Sonata Software, said: “Our focused execution around AI-led engineering and go-to-market has led to steady progress this quarter, with early signs of revenue growth of 2.70 per cent q-o-q. We continue to significantly enhance our flagship Harmoni.AI suite of solutions, strengthen differentiated capabilities and add AI-first partnerships. Our AI-led OB now accounts for 25 per cent of total OB. At the same time, our continued focus on operational excellence delivered PAT growth of 11.1 per cent q-o-q.”

Sujit Mohanty, MD and CEO of Sonata Information Technology Ltd, said: “We are pleased to deliver another quarter of healthy performance in our domestic business. Aligned with our three-pillar strategy, we expanded our customer base through new corporate customer wins, successfully renewed all large multi-year enterprise contracts across our software and hyperscaler businesses, and increased business with non-hyperscaler OEMs through focused go-to-market execution. During the quarter, we further strengthened our partnership with AWS through a five-year strategic collaboration agreement to accelerate cloud adoption and modernisation for enterprises across India. Looking ahead, we remain focused on expansion and growth from cloud-managed services and AI-led transformation engagements.”

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