Deloitte

Haskins & Sells

Chartered Accountants
Delaitte Centre
Anchorage 11
100/2 Richmond Road
Bengaluru . 560 025
India
Tel: + 91 (80) 66276000
Fa" + 91 (80) 66276013

INDEPENDENT
AUDITOR'S
REVIEW REPORT
TO THE BOARD OF DIRECTORS
OF SONATA SOFTWARE

LIMITED

I.

We have reviewed the accompanying

Statement of Standalone Unaudited Financial Results of
SONATA SOFTWARE
LIMITED
("the Company") for the Quarter and Six months ended
September 30, 2015 ("the Statement"), being submitted by the Company pursuant to Clause 41 of the
Listing Agreements with the Stock Exchanges, except for the disclosures in Part II - Select Information
referred to in paragraph 4 below. This Statement is the responsibility of the Company's Management
and hl!S been approved by thc Board of Directors. Our responsibility is to issue a report on the
Statement based on our review.

2.

We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the
Entity', issued by the Institute of Chartered Accountants of India. This Standard requires that we plan
and perform the review to obtain moderate assurance as to whether the Statement is free of material
misstatement. A review is limited primarily to inquiries of Company personnel and an analytical
procedure applied to financial data and thus provides less assurance than an audit.' We have not
performed an audit and accordingly, we do not express an audit opinion.

3.

Based on our review conducted as stated above, nothing has come to our attention that causes us to
believe that the accompanying
Statement, prepared in accordance with the Accounting Standards
specified
as per Section 133 of the Companies Act, 2013, read with Rule 7 of the Companies
(Accounts) Rules, 2014 and other accounting principles generally accepted in India, has not disclosed
the information required to be disclosed in terms of Clause 41 of the Listing Agreements with the
Stock Exchanges, including the manner in which it is to be disclosed, or that it contains any material
misstatement.

4.

Further, we also report that we have traced the number of shares as well as the percentage of
shareholding in respect of the aggregate amount of public shareholding and the number of shares as
well as the percentage of shares pledged! encumbered and non-encumbered in respect of the aggregate
amount of promoters and promoter group shareholding,
in terms of Clause 35 of the Listing
Agreements and the particulars relating to investor complaints disclosed in Part II - Select information
for the Quarter and Six months endcd September 30, 2015 of the Statement, from the details furnished
by the Management! Registrars.

MUMBAI, November 2, 2015

VS/ UB/20 15

SONATA SOFTWARE LIMITED

Registered
Corporate

Office: 208, T.V. Industrial

www.sonata-software.com,

IPart I

Estate,

S.K. Ahire Marg, WarJi, Mumbai.

Office: 1/4, A.P.S Trust Building, Bull Temple Road, N.R. Colony,
(IN -l72200MH1994PlC082110
Tel: +91-080-67781999

Fax: +91-080.26601387,

Bangalore

400 030
- 560019

investor@sonata-software.com
(~In lakhsl

Statement of Standalone Unaudited Financial Results for the Quarter and Six months Ended September 30, 2015
Three months
ended
september

Particulars

5,"

3D,

2015

Preceeding

three

Corresponding

months

three months

ended
3D, 2015

september

June

ended
30.

Six months
ended
September 3D,

Unaudited
from operalions

(b) Other operaling income

Total Income from operations

(net)

ended
March 31, 2015

Unaudited

Audited

11.761.69

11,459.69

23,622.71

21.576.91

46,613.20

11.05

6.76

10.47
11,470.16

17.81
23,640.52

31.59
21,608.50

74.55
46,687.75

14,510.40

12,001.28

25,757.10

11,872.07

11,768.45

7.386.79

7,123.61

6,234.13

(c) Depreciation

and amortisation

expense

93.07

100.10
2,115.70

2,018.36

2.192.10
(186.17)

(el Net exchange loss/(galn)

Total expenses
Profit from operations

(375.76)

25.82

142.87

142.87

{dl Other expenses

105.80
(116.75)

193.17
4,307.80
(S61.93)

288.39
4.099.39
(507.87)

522.27
8,051.88
(1.058.98)

9.485.79

9,106.52

8,241.54

18,592.31

15,881.19

33,298.09

2,386.28

2,661.93

3,228.62

5,048.21

5,727.31

13,389.66

585.50

599.63

458.65

1,185.13

890.14

2.105.26

2,971.78

3.261.56

3,687.27

6,233.34

6,617.45

15,494.92

44.37

40.14

114.30

befon! other

income, finance costs and exceptional

4

Other income

Profit from ordinary activities

before finance costs and exceptional

2014

11.861.02

(a) Purchases of stock-in-trade

Previous year
3D,

Expenses
(b) Employee benefits expense

Unaudited

Unaudited

ended

Year to date
figures for

Income from operations

(a) Net sales/income

Unaudited

Six months

September

2015

2014

Corresponding

item

item
13.99

Finance costs

30.38

37.07

profit from ordinary activities after

finance costs but before exceptional

item

2,957.79

3,231.18

3,650.20

6,188.97

6,577.31

15,380.62

2,957.79

3,231.18

3,650.20

6,188.97

6,577.31

15.380.62

714.74

867.33

800.92

1,582.07

1.485.76

3,633.64

Exceptional item

Profit before tax

10

Tall:expense

11

Net profit after tax

2,243.05

2,363.85

2.849.28

4,606.90

5,091.55

11,746.98

12

Paid-up equity share capital (Face Value f 1/-)

1,051.59

1.051.59

1.051.59

1.051.59

1.051.59

1.051.59

13

Reserve ell:c1uding Revaluation Reserves as

34,678.23

per balance sheet of previous accounting year

14

Earnings per share

(off 11. each) (not annualisedJ:
2.13

Basic and Diluted

See accompanvinJ:

notes to the tl\; ncial results

2.25

2.71

4.38

4.84

11.17

SONATA SOFTWARE LIMITED

llqistered
(O'l"'''''.

Office,

Offic.,

lOa, T.V. 1' . 1ht.I.,

1/4, A.P.S Trt.lst 8<llldlnL

S.I(. Mire

au" T.m~

M Wonl,

llo.d,

www.",n.,.-",f1w".ce,,,,

_ ......

Tel, .91-<l8O-fi7781999

""rill
S.1od lnbm.tJDn

for IhIl).wo~

_ ~019

- --,
_
-~

F , .91.()8().2f0601J81lnv"'o,lIIl",n.I.-",fIw.'

. <om

M"

.... ..
......

"--dlnel"'-

Ju 10, 2015

s.pI1oinbo.

JO,

M"

"'_

M"

lot1*m~'

..

JO,

......

YM.te1 dotit

SUI"'M

s.pbI_JO,

M"

""-'"

M.o<dlll,

2015

PARTICUtAllS OF S+4.UEHOWING
PublooSh.ret>oId".
. Numbe1"o '
. ~cen"'8.

400 Oll)

B.i ltlor.

nd 51 nttoo Itnditd s.pbI . JO, 2015

s.pbI_JO.

"""leu

M"m!>al-

N.R, (olony,

aN.l72200MHl~Pl.c:oa2110

71,109.14$

o' -ehold'n.

11,109,14$

10,614.145

11.109,14$

61.6""

61.21'"

61.62'"

61.21'"

61.6l'"

61.62'"

10.614,145

71.119,14$

P!'0fII0I nd P,omole< G,oup 5h,'eIIo1d'"

.J

PIo!dIe<lj En<urnw.-e<l
_ Numbe< 01 ,"

1.875.000

. P"enl of oh I', '" of th '0,.1 '.hokl,n.

0' P'omot '>11p,om"'.... Percent 0' , I
>h.,.

1,815.000

1.815.000

1.875.000

1.875.000

1,875.000

5.51'"

5.SI'"

5.44'"

5.51'"

5,44'"

5.51'"

1.1~

l.18'4

1-18"

l.18%

l.1~

1,1IN

.roupl
'" o'th.

totol

<.pItol of th. <omp.nvl

b) Non .mbered
32,115,161

. Numbe< 0' '

_ Percen of " (

"of

.he lotol >ll toI>old."

lU1S,I61

RUO,I6I

lU15,161

Jl.610.1U

lU6S,1U

9449'1'

94.49"l'

94,56"

94.4':1'"

9456"

944"'"

M"'"

M."'"

31.01"

M"'"

n.Ol"

30,5':1'"

of pn>mol ord p'omole<,'''''p)

. Perc t.!1t 0' 1
IIle.","

" O"M-loUI

,h.t UfHUI of

.nvl

Qu.o_.nded
s.pblm~'

PlIrllw

JO,

M"

INVESTOIt CONII'IAlNn
PendinJ"

the bq::"n . of 1M <I"'''e<

R_ed

n
n

durinf; the<lu."",-

DiIoosl <I' du"".1II1t

qu.rt...-

R'nln

01 the end ollhe

un,~O'd

I, The Sto~Io

nt of ....tI.nd

_ired

00 41ofl'-

",..,

u.rt...-

lillbilitin

fo, II'IIt

,,"H .

liotl Ac nt

P.rtlculo

ndod )OIh S.pblmbo"

....

s.pblm~'

M"

ZOts
IAudltedl

EQUITYAND UAllIUTIES
UIU59

1.051.S9

R. nd"'<pi.,s

1'.526.11

l4.618,2J

SlIb lob . Shoo hoIdo - Ill

J9,5n.90

J5,729.1Z

No .'" Iiobjlitilto
OIhe<Ion,-Ie<m

MorchU,

Shoo holdo ' /u

S/>o'eupn.1

....

30,

fU""ud~1

20ts

heboln

5lIblOQl.Non-<ll''''"

Iiobillt~,

254.74

181,61

Z!-ll.14

183.61

CIr' ""liobilil
5ho'N bo"o"""

Tt~"'V.b""
OIhtor w"""t

10._

2.828.l1

SJl61

4.2GJ.J2

1,644.90

1.12915

5hon.' prov

1.2789Z

5lIb 1<>1.1 CIr nlliltbiWliit.

9,419.16

TOTALEQUITY.\HO UABIUTIE5

49,2n.oW

89'6-41
6.801 . 5
n.PO.4,
47,191.'Z

, ~

Non-<ll, nt ....tI
1.4l6,2)

F",e<l >eI.
No-n.,u",,"llfw

trnentl

570,11

nail

DeI...-,ed ,,"".Inell

lon.-I .lo.on nd .<Iv.n<:"

5lIb tot.l. Nof>CU nt _

UO.55

S,70.8.U

5.169,29

8,601.94

lZ,9J6,Z7

CIr nt
C"" llfwestm ,,

10,209.1.

T,.de<e<m.b

10,016.1

10.201.l5

equ ""U

11.496,56

16.2JllZ

c. nd

<

51\0'1-1k>itn,.nd

.elv.n,"

. CIr, ",

7,564.15

TOTAl. ASSETS

8-0on Ihe 1 of lhe I".n<:iltl PfflO"""n<: of lh

rneeunc olthe.Boord

Ploot: M
...-l
00"

:0l"_mbit',1415

'0 be held on Novembe1" 6, 2015

S.614.12

.22-21

uua

2,J191J

40,668.46

U,1Z1.65

49 zn.oW

4119),92

OIhtor al" t
5lIb ~I

t2b6.42
5.100.01

Com nv, Ih

Deloitte
Haskins & Sells

Chartered Accountants
Deloitte Centre
Anchorage II

100/2RichmondRoad
Bengaluru. 560025
India
Tel:+
Fax:+

918066276000
918066276013

INDEPENDENT AUDITOR'S REVIEW REPORT

TO THE BOARD OF DIRECTORS OF SONATA SOFTWARE LIMITED

I.

We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of

SO!\'ATA SOFTWARE LIMITED ("the Company") and its subsidiaries (the Company and its
subsidiaries constitute "the Group") for the Quarter and Six Months ended September 30, 2015
("the Statement"), being submitted by the Company pursuant to Clause 41 of the Listing
Agreements with the Stock Exchanges, except for the disclosures in Part II . Select Information
referred to in paragraph 5 below. This Statement is the responsibility of the Company's
Management and has been approved by the Board of Directors. Our responsibility is to issue a
report on the Statement based on our review.

2.

We conducted our review of the Statement in accordance with the Standard on Review
Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent
Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard
requires that we plan and perform the review to obtain moderate assurance as to whether the
Statement is free of material misstatement. A review is limited primarily to inquiries of Company
personnel and an analytical procedure applied to financial data and thus provides less assurance
than an audit. We have not performed an audit and, accordingly, we do not express an audit
opinion.

3(i).

The Statement includes the results of the following entities:

a.
b.
e.
d.
e.
f.
g.
h.

Sonata Information Technology Limited

Sonata Software North America Inc.
Sonata Software GmbH
Sonata Europe Limited
Sonata Software FZ- LLC
Sonata Software (Qatar) LLC
Rezopia Inc.
Halosys Technologies Inc. (w.e.f. September 11,2015)

3(ii). We did not review the interim financial statements of 3 subsidiaries included in the Statement,
whose interim financial statements renect total assets of '1' 788 lakhs as at September 30,2015, total
revenues of '1' 365 lakhs and '1' 717 lakhs for the Quarter and Six Months ended September 30, 2015,
respectively, and total profit after tax of '1' II lakhs and '1' 49 lakhs for the Quarter and Six Months
ended September 30, 20 IS, respectively, as considered in the consolidated financial results. These
interim financial statements have been reviewed by other auditors whose reports have been
furnished to us by the Management and our report on the Statement, in so far as it relates to the
amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of
the other auditors.

vlJ

Delaitte
Haskins & Sells

4.

Based on our review conducted as stated above and based on the consideration of the reports of the
other auditors referred to in paragraph 3(ii) above, nothing has come to our attention that causes us
to believe that the accompanying Statement, prepared in accordance with the Accounting Standards
specified as per Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies
(Accounts) Rules, 2014 and other accounting principles generally accepted in India, has not
disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreements
with the Stock Exchanges, including the manner in which it is to be disclosed, or that it contains any
material misstatement.

5.

Further, we also report that we have traced the number of shares as well as the percentage of
shareholding in respect of the aggregate amount of publie shareholding and the number of shares as
well as the percentage of shares pledged! encumbered and non-encumbered in respect of the
aggregate amount of promoters and promoter group shareholding in terms of Clause 35 of the
Listing Agreements and the particulars relating to investor complaints disclosed in Part II - Select
Information for the Quarter and Six Months ended September 30, 2015 of the Statement, from the
details furnished by the Management! Registrars.
For DELOITTE HASKINS & SELLS
Chartered Accountants
(Firm's Registration No. 008072S)

Le-J
':::;::::::_

V:Srikumar
Partner
(Membership No. 84494)

MUMBAI, November 2, 2015

VSI UBI 2015

SONATA SOFTWARELIMITED
Registered Office: 208, T.V. Industrial Estate, S.K. Ahlre Marg, Warli, Mumbal - 400 030
Corporate Office: 1/4, A.P.5 Trust Building, Bull Temple Road, N.R. Colony, Bangalore - 560 019
(IN - l72200MH1994PlC082110
www.sonata-software.com, Tel: +91-080-67781999 Fax: +91-080-26601387 investor@sonata-software.com
(~ In lakhs)

Part I

Statement of Consolidated Unaudited Financial Results for the Quarter and Six months Ended September 30, 201S

S,

Preceeding
Corresponding
Six months
Corresponding
Year to date
Three months
Six months
figures for
ended
three months three months
ended
Previous year
ended
September 30,
ended
September 30,
ended
September 30,
ended
2015
June 30, 2015 September 30,
2015
2014
2014
March 31, 2015

Particulars

Unaudited
1

Unaudited

Unaudited

Unaudited

Unaudited

Audited

Income from operations

(a) Net sales/income from operations
fb) Other operating income
Total income from operations (net)

39,774.27
67.40
39,841.67

47,877.75
38.33
47,916.08

40,509.88
39.99
40,549.87

87,652.02
105.73
87,757.75

82,188.99
73.27
82,262.26

168,051.14
161.67
168,212.81

Expenses
(a) Purchases of stock.in-trade
(b) Changes in inventories of stock-in-trade
(c) Employee benefits expense
(d) Depreciation and amortisation expense
(e) Other expenses
(f) Net exchange loss/{gainj
Total expenses

21,330.94
(455.18)
10,082.14
120.98
4,126.87
(334.70)
34,871.05

29,751.88
119.12
9,711.20
124.52
4,171.33
(649.44)
43,228.61

19,442.49
4,829.77
8,621.90
124.74
3,475.97
70.41
36,565.28

51,082.82
(336.06)
19,793.34
245.50
8,298.20
(984.14)
78,099.66

50,926.58
(133.70)
16,794.59
329.50
6,933.57
(270.46)
74,580.08

102,381.00
(612.52)
35,271.95
607.15
14,408.82
(334.52)
151,721.88

4,970.62

4,687.47

3,984.59

9,658.09

7,682.18

16,490.93

691.26

488.90

327.14

1,180.16

673.45

1,652.96

5,661.88

5,176.37

4,311.73

10,838.25

8,355.63

18,143.89

94.79

100.43

79.81

195.22

134.36

275.81

5,567.09

5,075.94

4,231.92

10,643.03

8,221.27

17,868.08

96.01

272.03

18.20

368.04

181.85

321.76

Profit from operations before other

income, finance costs and exceptional item

Other income

Profit from ordinary activities

before finance costs and exceptional item

Finance costs

Profit from ordinary activities after

finance costs but before exceptional item

Exceptional item
Interest income on income tax refund

Profit before tax

5,663.10

5,347.97

4,250.12

11,011.07

8,403.12

18,189.84

10

Tax expense

1,730.05

1,527.85

1,164.14

3,257.90

2,113.02

4,861.70

11

Net Profit after tax

3,933.05

3,820.12

3,085.98

7,753.17

6,290.10

13,328.14

12

Minority interest

25.56

41.53

13

Net Profit after taxes and minority Interest

3,933.05

3,820.12

3,111.11

7,753.17

6,315.66

13,369.67

14

Paid-up equity share capital (Face Value ~ 1/-)

1,051.59

1,051.59

1,051.59

1,051.59

1,051.59

1,051.59

15

Reserve excluding Revaluation Reserves as

per balance sheet of previous accounting year

,.

Earnings per share

(of ~ 1/- each)lnot
Basic and Diluted

25.13

41,791.47

annualised):
3.74

See accompanying notes to the Consolidated financial esults

3.63

2.96

7.37

6.01

12.71

SONATA
Registered
Corporate

Office:

Office:

SOFTWARE

208, T.V. Industrial

1/4, A.P.S Trust

Estate,

Building,

LIMITED

5.K. Ahire

Bull TempiI'

Marg,

Road,

Worll,

Mumbai

N.R. Colony,

- 400 030

Bangalore

- 560 019

ClN .l72200MHI994PLC082110
www.sonata-software.com,

Tel: +91.080.67781999

Fa~: +91'()80.26601387

inve~tor@sonata-softwafe

com

P<lrt II
Select

".

Inform<ltion

for the Quarter

Particul<lrs

and Six months

ended

Three months

Preceeding

ended

months

September

JO,

September

three
ended

June JO, 2015

30, 2015

wresponding
three

ended
JO,

Corresponding

ended

Six months

Septembl'r

September

2015

Six months

months

30,

PARTICULARS OF SHAR[HOlDING

Public 5hareholdi"g
Number

71,109,145

of shl."e~

'Percentage

of ~harl'holding

Promoter~

and Promotl'r

I) PI~g~

I Encumbered

- Number

- Percentage

61.62%

10,614,145
61.21"

Un<ludited

71,109,145
67.62%

Unaudited

10,614,145
67.21%

yl'3r

ended
Much

31, 2015

Audited

11,119,145
67.63%

Group 5hareholding
1,815,000

of ~hares (as a"

of promoter~

Unaudited

71,109,145

67.62"

of ~hare~

- Per~ntage

Unaudited

Previous
30,

2014

2014
Un<luditl'd

figurl'S for

ended
September

2015

Year to date

and promoter

l.815,000

5.51%

of tl1e total ~l1areholdi"g

1,875,000

1,875,000

1,875.000

1.875,000

5.51"

5.44%

5.51"

5.44%

5.51"

1.78%

1.78%

1.78%

1.78"

1.78"

group)

of ~l1ares (as ""

of tl1e total

1.78"

sl1are capital of the com~ny)

b) Non encumber~
Number

32,175,161

of sl1lteS
of sl1ares (as a % of the total shareholding

Percl'ntage
of promoters

Ind promoter

- Percentagl'

of shares

32,115,161

94.56"

94.49%

30.60%

30.60%

31.01%

30.60%

31.01"

30.59%

ended

September

JO,

2015
INVUTOR COMPLAINTS
at the ~inning

of the quarter

durl"g

Disposed

of during the quarter

Remaining

tl1e quarter

unresolved

11
11

at the end of tl1e quarter

Notes:
1. The Consolidated
under

Oause

stiltement

of Issets

41 of ttle Unlng

Agreement

and Il<lbllitles for the h,df ynr

ended

30th Septl'mber,

2015 IS required
In lakhs)

A",

'"

P<lrtlwl<lrs

September

A",
30,

fUl10uditedJ
[Qum

Shareholders'
$hIre

Sub lot<ll- Shlreholdef1i'

funds

Non-currenl

Current

49,678.52

42,843.06

Ji<lbUltles
liabilities

borrowings

Trade Plyables
Oth~r current

Ilabilitie~

5hort.term

provisions

Sub total.

Currenlliabllitles

TOTAL EQum

AND UABIUTIES

1,125.07

196.35

1,125.07

196.35

6,868.65

2,442.47

25,610.46

24,959.59

2,413.36

3,071.04

2,731.28

1,356.55

37,623.75

37,829.65

88,427.34

80)169.06

1,684.97

1,496.58

3,014.83

864.69

AS5TS
Non-current

nsets

Fi~ed assets
Goodwill on cOflsolidftion
Non-(urrent
Oeferr~

investments

t.~ aueu

Long-term

1,051.59
41,791,41

liabililies

5hort-t~rm

1,051.59
48,626.93

MinOf"lty Interest

Sub 10111. Non c;urrent liabilities

lAud/ted)

ful1ds

and surplus

Oll1er Iong.term
4

31,

AND t1ABlunES
capital

Reserves

,
,

Mlrch

1015

2015

(net)

loans and advances

Sub 100al. Non-wrrent

Current

U5l'ts

Current

investmenU

iilSSl'ts

0.31

0.31

943.05

887.41

7,420.12

9,237.66

13,063.28

12,486.65

5,679.91

6,385.76

1,069.38

lnwnlories

733.31

Traderl'Ce'Villbles

36,791.13

31.071.13

Casl1 and ciilsh equivalenU

22,423.14

20,005.96

Short.term

loans and advances

Otl1er current
5ub total.

3,663.99

aS$eU

Current

32,165,161

94.49%

(as a % of tl1e total sl1are capital of

Quarter

Received

32,610,161

94.56"

group)

Partkulars

Pending

32,175,161

94.49%

the comoanvl

32,610,161

94.49"

assets

TOTAL ASSETS

3,670.40

5,736.51

6,515.85

75,364.06

68,382.41

88,427.34

80,869.06

TIle ,_

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l6.7BJ.92

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54.011.06

16,061.81

15.297,97

14.lnC!>

1l.J59-18

27.260.16

4O,2U!>4

461.1.0

40,956-'1

"'70U4

al,211.42

39,1<11.61

552,52
U,'I4.011

401.l0
1O.S4I.,1

'Jo44.l9
11,751.1!>

1.009.16
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57.695 .
16\1.955."
1.1IH8
161,211.11

lax Ind In ""

',Ind

1.7'9.]4

1.0'l6,(16

b.O!""'lh,nlnd'l

3.221 . 8

].591,11

1.'70,6l

1,611.41

,~

~.~

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3. __

of lIo<ablll~

..,..;.....Itt....

691.26
5.561.01

100.4]
'M~
5,O~"

.-~
I.Ol5.51

l.1l45.4O

1.810.52

l.l114.U

2,959.02

6.8Il.69

5.111.64

12,)06,81

U!>l.09

1,611.1.

16.110.1]

1'].81

]H.14
UU2

hceQl-"lIern
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In.ll"""""
on ir<ottIf ",. ,.""
t.u_~_

4. capul

96.01
5.663.10

27;1.03
5,WU1

18.20
U

1]4.36

195.22

61l.4~

1.180.16

10.6oU.03

',221.21

11,011.07

I,IOUl

181.8~

In.81
1.652.'5
11 08

32l.74
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18.';.48.U

16.236.90

12.181,16

18,S08.B3

12.18\.16

24.69810

22.016.14

2U7U6

24.69ll.1O

21.9n,26

6.4]I.l9
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booi

Dil1.;0l"_.lOI5

1,646.l3
4~91"n

1.274.14
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SONATA SOFTWARE

Sonata Software - Consolidated Q2 FY16 PAT at ~9 Crores, quarterly PAT growth of

26% YoY. Board to consider interim dividend of RS.3.50 per share at its meeting to be
held on November 6, 2015

Mumbai, November 2, 2015

Sonata Software, a global IT services and technology solutions company, today reported
results for its 2"' quarter and Half year ended September 30, 2015.

its unaudited

financial

in , Crores
For the Quarter ended

Description

For the half yeor ended

30-Sep-15

30-Jun-15

30-Sep-14

QoQ

International ITServices

170.7

16S.6

148.8

3%

Domestic- Products & Services

231.6

319.1

260.7

Consolidated

398.4

479,2

International ITServices

45.3

Domestic- Products & Services'

YaY

30-Sep-lS

30-Sep-14

YaY

15%

336.3

288.5

17%

-27%

-11%

550.7

544.3

1%

405.5

-17%

-2%

877.6

822.7

7%

42.3

35.6

7%

27%

87.5

71.1

23%

14.2

14.4

9.4

-2%

51%

28,6

18,2

57%

58.8

55.7

44.5

5%

32%

114.5

88.7

29%

31.0

29.8

25.4

4%

22%

60.8

51.7

18%

8.4

8.4

S.7

0.1%

46%

16.7

11.4

46%

39.3

38.2

31.1

3%

26%

77.5

63.2

23%

Revenues

EBITDA

Consolidated

International ITServices
Domestic- Products & Services
Consolidated

-Includes ~exceptionaf Item "Interest income oj f2.7 crores& fO.96 crares received in Q1 & Q2 afFY2015.16 respective/yond t1.6 craresduring
on Income-Taxrefund received.

Q1 ojm014-15,

The above results for the period ended September 30, 2015 includes results of the recently acquired company:
Halosys Technologies Inc., USA from the date of acquisition - September 11, 2015.
Sonata Software North America Inc. has entered into a definitive agreement on October 29, 2015 to acquire
100% stake in Interactive Business Information Systems, Inc. (IBIS), a Georgia company which has startegic
partnership with Microsoft for the Dynamics solution and delivers world-class supply chain solutions, including
its proprietary Advanced Supply Chain Software solution.

www.sonata-software.com

Sonata Software limited

I
I'
I

SONATA SOFTWARE

Speaking on the results Mr. Srikar Reddy, Managing Director & CEOof the Company said" The performance of
the Company is the result of its continued focus on digital transformation of their client's business in retail,
travel, Distribution and ISV segment by making their businesses digital ready through a combination of core IP
and Consulting services. The strategic acquisitions concluded in recent months including Halosys in mobility and
IBIS Inc in Dynamics supply chain solutions, should further help us sustain this trend.
Performance Highlights for the quarter:

Consolidoted:

.
.
.

EBIDTAat '1'S9Crores : growth of S% 000 and 32% YoY;

PATat '1'39Crores : growth of 3% 000 and 26% YoY;
Cash and equivalents of approximately '1'212Crores.

Internotiono/IT
.
.
;y
.

services:

Revenues in USDterms: $26 million.

EBIDTAat '1'4SCrores : growth of 7% 000 and 27% YoY;
PAT at '1'31Crores : growth of 4% 000 and 22% YoY;
Addition of 8 new customers.
Domestic Products& Services:

;y
.

EBIDTAat '1'14Crores : decline of 2% 000 but growth of Sl% YoY;

PAT at '1'8Crores : flat 000 but growth of 46% YoY;

Based on the assessment of the financial performance of the Company, the Board at the meeting, suggested
that an interim dividend of Rs. 3.50 per share be considered at a meeting of the Board to be held on November
6,201S.
About Sonata Software
Sonata Software is a global IT services firm focused on catalysing transformational

IT initiatives of its clients

through deep domain knowledge, technology expertise and customer commitment. The company delivers
innovative new solutions for Travel, Retail & Consumer Goods and Software Product Companies by
integrating technologies such as Omni-channel commerce, Mobility, Analytics, Cloud and ERP, to drive
enhanced customer engagement, operations efficiency and return on IT investments. A trusted long-term
service provider to Fortune SODcompanies across both the software product development and enterprise
business segments, Sonata seeks to add differentiated
their businesses, with IT.
For further information,

value to leadership who want to make an impact on

please contact:

Anuj Kumar Saxena

Sonata Software limited
CIN- L72200MH1994PLC082110
A.P.S.Trust Building,
Bull Temple Road, N.R. Colony

www.sonata-software.com

Sonata Software limited

SONATA SOFTWARE

Bangalore

560019, India

Tel: +91 80 67781999

anu jku rna r .s@sonata-software.com

www.sonata-software.com

Sonata Software

Limited