Sonata Software – Consolidated Q2 FY18 PAT at Rs 45 Crores; 19% YoY growth, declares interim dividend of Rs 3.75 per share

Sonata Software, a global IT services and technology solutions company, today reported its unaudited financial results for its 2nd quarter ended 30th September, 2017.

Speaking on the results Mr. Srikar Reddy, Managing Director & CEO of the Company said “Strong growth in the International IT services business, based on our proprietary Platformation solutions approach which leverages our platform IP and capability to enable digital transformation for our customers, powered our first half performance. This is a huge endorsement of our strategy focussed on digital transformation of clients businesses in retail, travel distribution and ISV segments though deployment of digital technologies and IP powered by strong alliances”.

Sonata also announced the appointment of Mr. Vikas  Gurugunti as the Chief Operating Officer. Vikas joins Sonata from DXC Technologies and was heading their Retail and CPG business in the US. He will be based out of the US.  

Commenting on the appointment, Mr. Srikar Reddy, Managing Director & CEO said “This is a strategic addition to the top management team and will be a huge boost to our growth objectives which focus on Digital Transformation through Platformation.”

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