SONATSOFTWSonata Software Ltd.
Sonata Software Q2 FY27 Results: Consolidated Net Profit ₹116 Crore on Total Income of ₹2,468 Crore
- Earnings
- IT services
Reviewed byKeshav SehgalBlacklitt Research
Sonata Software (NSE: SONATSOFTW) reported consolidated total income of ₹2,468 crore and consolidated net profit of ₹116 crore for the quarter ended 30 Sep 2026, and standalone total income of ₹552 crore and standalone net profit of ₹190 crore, it said in a filing on 05 Nov 2026.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹2,467.53 crore, up 14.7% YoY and down 24.9% QoQ
- Net profit and EPS: ₹116.40 crore, down 3.2% YoY and up 7.7% QoQ; basic EPS ₹4.21
- Finance costs: ₹13.91 crore, against ₹14.21 crore a year earlier
Standalone
The company on its own, without its subsidiaries
- Total income: ₹552.11 crore, up 22.7% YoY and 21.7% QoQ
- Net profit and EPS: ₹190.19 crore, up 29.4% YoY; basic EPS ₹6.87
- Other income: ₹164.17 crore, 29.7% of total income
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 2,468 | 2,151 | +14.7% | 3,286 | -24.9% | |
| Revenue from operations | 2,445 | 2,119 | +15.4% | 3,279 | -25.4% |
| Other income | 22 | 31 | -28.8% | 7 | +229.8% |
| 116 | 120 | -3.2% | 108 | +7.7% | |
| Profit before tax | 157 | 164 | -3.8% | 137 | +14.8% |
| Finance costs | 14 | 14 | -2.1% | 12 | +15.8% |
| Depreciation | 31 | 26 | +16.5% | 28 | +7.6% |
| Tax expense | 41 | 43 | -5.7% | 29 | +41.2% |
| Net profit margin | 4.72% | 5.59% | -0.87 pp | 3.29% | +1.43 pp |
| EPS, basic (₹) | 4.21 | 4.33 | -2.8% | 3.91 | +7.7% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit fell 3.2% year on year while total income rose 14.7%. Revenue from operations rose 15.4% to ₹2,445.20 crore, while other income fell to ₹22.33 crore from ₹31.36 crore, so the gap between income and profit widened against the year-earlier quarter.
Tax expense rose to ₹40.92 crore from ₹28.98 crore in Q1 FY27, and the effective tax rate was 26.0% of profit before tax of ₹157.32 crore.
Finance costs of ₹13.91 crore are 0.6% of total income, and depreciation rose to ₹30.59 crore from ₹26.26 crore. The filing reports no exceptional item in the quarter; the exceptional items it lists were in the year ended 31 Mar 2026.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 552 | 450 | +22.7% | 454 | +21.7% | |
| Revenue from operations | 388 | 308 | +26.1% | 444 | -12.7% |
| Other income | 164 | 142 | +15.3% | 9 | n/a |
| 190 | 147 | +29.4% | 41 | +361.6% | |
| Profit before tax | 206 | 161 | +28.4% | 55 | +274.4% |
| Finance costs | 6 | 3 | +63.7% | 5 | +18.3% |
| Depreciation | 7 | 9 | -17.5% | 8 | -9.0% |
| Tax expense | 16 | 14 | +17.1% | 14 | +15.7% |
| Net profit margin | 34.45% | 32.65% | +1.80 pp | 9.08% | +25.36 pp |
| EPS, basic (₹) | 6.87 | 5.29 | +29.9% | 1.49 | +361.1% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 29.4% year on year, faster than total income at 22.7%. Other income of ₹164.17 crore is 79.6% of standalone profit before tax of ₹206.27 crore, and the filing shows dividend income from subsidiaries within it: ₹120.00 crore from Sonata Information Technology, ₹25.00 crore from Sonata Software Solutions and ₹5.46 crore from Sonata Australia.
Standalone revenue from operations was ₹387.94 crore, up 26.1% year on year but down 12.7% from ₹444.49 crore in the previous quarter. Tax expense of ₹16.08 crore is 7.8% of profit before tax.
Inference
The filing declares a Second Interim Dividend of ₹1.25 per equity share (125% of face value of Re. 1) for FY 2026-27, with a record date of 11 Nov 2026 and payment on or after 20 Nov 2026 by electronic mode, after tax deduction at source. The total payout in rupees is not stated.
The filing reclassifies ₹284.04 crore of consolidated borrowings from non-current to current liabilities as at 31 Mar 2026 after a covenant waiver, and says this has no effect on total borrowings, net worth or profit. The filing also reports an unmodified limited review opinion from BSR and Co LLP on both sets of results, and that 14 subsidiaries were not reviewed. The filing does not say whether the North America receivable matter has been resolved or recovered.
Filed with BSE on . Reference: Original filing (PDF)
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