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Sonata Software Appoints Balaji Kumar as Chief Human Resources Officer
Sonata Software has appointed Mr. Balaji Kumar as its Chief Human Resources Officer (CHRO) effective March 14, 2026. Mr. Kumar rejoins the company from One97 Communications (Paytm) and will be responsible for the global People and Talent function. His extensive background includes senior HR roles at Microsoft, Citibank, and L&T Infotech, which is expected to strengthen Sonata's talent acquisition and retention strategies. This leadership addition comes at a time when human capital management is critical for IT services growth.
Key Highlights
Mr. Balaji Kumar appointed as CHRO effective March 14, 2026, based in Bengaluru.
He rejoins Sonata Software from One97 Communications (Paytm) where he served as CHRO.
Professional history includes leadership roles at Microsoft, Citibank, Unilever, and L&T Infotech.
Holds a management degree from TISS and a master's degree in law with prior legal practice experience.
💼 Action for Investors
Investors should view this as a positive step in strengthening the executive leadership team with a seasoned professional. No immediate portfolio changes are required, but track the company's talent retention metrics in upcoming quarters.
Sonata Software Seeks Re-appointment of P Srikar Reddy as Executive Vice Chairman
Sonata Software has issued a postal ballot notice to seek shareholder approval for the re-appointment of Mr. P Srikar Reddy as Executive Vice Chairman and Whole-Time Director. The proposed term is for two years, effective from April 4, 2026, to April 3, 2028. The electronic voting process is scheduled to take place between March 2, 2026, and March 31, 2026. This move is intended to ensure leadership continuity and stability within the company's top management.
Key Highlights
Proposed re-appointment of Mr. P Srikar Reddy for a 2-year term starting April 4, 2026.
E-voting period commences on March 2, 2026, and ends on March 31, 2026.
Cut-off date for determining eligible shareholders was February 20, 2026.
The resolution is proposed as an Ordinary Resolution via postal ballot.
Results of the voting process will be announced on or before April 2, 2026.
💼 Action for Investors
This is a routine governance matter focused on leadership continuity. Investors should review the executive's track record and ensure they participate in the e-voting process before the March 31 deadline.
Sonata Software Q3 FY26: AI Order Book Grows to 14%, BFSI & HLS Revenue Reaches 31%
Sonata Software reported strong momentum in its AI-led business, with AI now comprising 14% of the total order book compared to 10% in the previous quarter. The company's strategic focus on BFSI and Healthcare verticals has paid off, with their revenue contribution rising to 31% from 13% over three years. Despite headwinds in three of its top 10 clients and a 70 bps impact from salary increments, the company achieved a 2.2% QoQ EBITDA accretion through operational efficiencies. Management remains optimistic about large deal pursuits, which currently make up 40% of the sales pipeline.
Key Highlights
AI-led business now accounts for 14% of the total order book, up from 10% in the previous quarter.
BFSI and Healthcare/Life Sciences verticals now contribute 31% of total revenue, up from 13% three years ago.
North America revenue share increased to over 70%, up from 54% three years ago.
EBITDA improved by 2.2% QoQ after absorbing a 70 bps impact from annual compensation revisions.
Large deals represent 40% of the current pipeline, with two major multi-year wins in the BFSI sector.
💼 Action for Investors
Investors should monitor the recovery of the domestic SITL business and the impact of budget constraints on top clients. The strong growth in AI and high-margin verticals makes it a solid long-term play, but near-term volatility may persist.
Sonata Software Achieves AWS Premier Tier Status in AWS Partner Network
Sonata Software has attained the AWS Premier Tier Services Partner status, the highest level of partnership within the Amazon Web Services ecosystem. This designation recognizes the company's proven track record in architecting and managing complex cloud workloads for global enterprises. As a $1 billion revenue company, this milestone enhances Sonata's competitive positioning in the AI-first modernization and cloud services market. The status is expected to drive higher lead generation and collaboration with AWS for large-scale digital transformation projects.
Key Highlights
Achieved AWS Premier Tier Status, the highest partnership level, following a rigorous approval process.
Sonata Software is a $1 billion revenue company specializing in AI-first Modernization Engineering.
The status validates a strong pool of AWS-trained technical consultants and expertise in complex cloud migrations.
Strengthens the company's 'Platformation.AI' and 'Harmoni.AI' offerings for Fortune 500 clients across BFSI, HLS, and Retail sectors.
Enables the company to accelerate value realization for enterprises through cloud-native and AI-ready architectures.
💼 Action for Investors
This achievement strengthens Sonata's credentials in the high-margin cloud services segment and could lead to improved deal wins. Investors should view this as a positive development for the company's long-term growth trajectory in the digital transformation space.
Sonata Software Q3 FY26: Wins 2 Large Deals, AI Pipeline Reaches $335 Million
Sonata Software reported a strong performance for Q3 FY26, highlighting the acquisition of two new large deals and a robust pipeline of 32 large deals currently in pursuit. The company's strategic pivot toward AI and Modernization is gaining traction, with an AI-led pipeline now valued at $335 million and recent AI wins totaling $13.7 million. Revenue contribution from Cloud & Data services has increased significantly to 63%, up from 50% in FY22. Additionally, the BFSI and Healthcare verticals have scaled to represent 31% of the business, reflecting successful diversification beyond its traditional retail and manufacturing strengths.
Key Highlights
Won 2 large deals in Q3 FY26, with a total of 32 large deals currently in the active pipeline.
AI-led pipeline has reached $335 million, supported by $13.7 million in recent AI-specific contract wins.
Cloud & Data services now account for 63% of total revenue, showing a steady climb from 50% in FY22.
BFSI and Healthcare verticals have grown from 9% to 31% of the vertical split over the last four years.
Major recent contract wins include a $73M TMT modernization deal and a $56M Healthcare infrastructure project.
💼 Action for Investors
Investors should focus on the company's ability to convert its $335M AI pipeline into billable revenue and the successful execution of its 32-deal large-cap pipeline. The stock remains a key mid-cap IT play given its deep Microsoft partnership and increasing footprint in high-growth verticals like Healthcare and BFSI.
Sonata Software Q3 FY26: Wins 2 Large Deals, AI Pipeline Reaches $335M
Sonata Software reported strong momentum in Q3 FY26, securing two large deals and maintaining a pipeline of 32 large deals. The company's AI-led pipeline has grown to $335 million, supported by a recent $13.7 million AI win. Cloud and Data services now represent 63% of revenue, a significant increase from 50% in FY22. Additionally, the BFSI and Healthcare verticals have successfully scaled to 31% of the business, up from just 9% three years ago.
Key Highlights
Won 2 large deals in Q3 FY26; total 'net new' TCV since FY22 reached $483 million across 26 deals.
AI-led pipeline stands at $335 million with a specific AI win of $13.7 million recorded.
Cloud & Data revenue contribution increased to 63% in YTD FY26 from 50% in FY22.
BFSI and Healthcare (HLS) verticals now account for 31% of revenue, up from 9% in FY22.
Maintains a 30-year Microsoft partnership generating over $650 million in annual revenue for Microsoft.
💼 Action for Investors
Investors should focus on the company's successful transition into high-growth verticals and its robust AI pipeline as key drivers for future earnings. Monitor the conversion rate of the 32 large deals currently in the pipeline to gauge long-term growth sustainability.
Sonata Software Declares ₹1.25 Dividend and Re-appoints Srikar Reddy as Executive Vice Chairman
Sonata Software reported its Q3 FY26 results with standalone revenue from operations reaching ₹37,108 lakhs, up from ₹30,640 lakhs in the previous quarter. The Board declared a third interim dividend of ₹1.25 per share, representing a 125% payout on the face value. A key management update includes the re-appointment of Mr. Srikar Reddy as Executive Vice Chairman for a two-year term starting April 2026. Profits for the quarter were impacted by a one-time exceptional charge of ₹2,620 lakhs related to new labor code statutory requirements.
Key Highlights
Declared third interim dividend of ₹1.25 per equity share with a record date of February 13, 2026.
Standalone revenue from operations grew to ₹37,108 lakhs in Q3 FY26 compared to ₹30,640 lakhs in Q2 FY26.
Re-appointed Mr. Srikar Reddy as Executive Vice Chairman and Whole-time Director until April 2028.
Recognized an exceptional item of ₹2,620 lakhs due to the statutory impact of new labour codes.
Standalone Profit for the period stood at ₹3,304 lakhs after accounting for tax and exceptional items.
💼 Action for Investors
Investors should view the consistent dividend payouts and management continuity as positive signs of stability. Monitor the impact of the new labor codes on future margins, although this appears to be a one-time statutory adjustment.
Sonata Software Declares ₹1.25 Interim Dividend; Q3 Revenue Grows to ₹371 Crore
Sonata Software has declared its third interim dividend of ₹1.25 per share for FY 2025-26, with a record date set for February 13, 2026. The company reported a significant increase in standalone revenue to ₹371.08 crore for Q3 FY26, up from ₹241.43 crore in the previous year's corresponding quarter. Net profit for the quarter was ₹33.04 crore, which includes the impact of a ₹26.20 crore exceptional item related to new labour codes. Additionally, the board has approved the re-appointment of Mr. Srikar Reddy as Executive Vice Chairman for a two-year term starting April 2026.
Key Highlights
Declared a third interim dividend of ₹1.25 per equity share (125% of face value).
Standalone revenue from operations rose to ₹37,108 lakhs in Q3 FY26 compared to ₹24,143 lakhs YoY.
Standalone Profit After Tax (PAT) for the quarter stood at ₹3,304 lakhs.
Recognized a one-time exceptional expense of ₹2,620 lakhs due to the statutory impact of new labour codes.
Re-appointed Mr. Srikar Reddy as Executive Vice Chairman and Whole-time Director until April 2028.
💼 Action for Investors
Investors should ensure they hold shares by the February 13 record date to qualify for the ₹1.25 dividend. While the exceptional item impacted quarterly profits, the strong year-on-year revenue growth suggests robust underlying business performance.
Sonata Software Q3 Standalone Revenue Up 53% YoY; Declares ₹1.25 Interim Dividend
Sonata Software reported a robust 53.7% year-on-year growth in standalone revenue from operations, reaching ₹37,108 lakhs for Q3 FY26. The company declared its third interim dividend of ₹1.25 per share for the financial year 2025-26, with the record date fixed as February 13, 2026. While standalone net profit for the quarter was ₹3,304 lakhs, it was impacted by a one-time exceptional charge of ₹2,620 lakhs related to the statutory impact of new labor codes. The board also ensured leadership stability by re-appointing Mr. Srikar Reddy as Executive Vice Chairman for a two-year term starting April 2026.
Key Highlights
Standalone revenue from operations grew 53.7% YoY to ₹37,108 lakhs in Q3 FY26.
Declared a third interim dividend of ₹1.25 per equity share (125% on par value of ₹1).
Record date for dividend payment is February 13, 2026, with payment starting February 26, 2026.
Reported an exceptional item of ₹2,620 lakhs due to the statutory impact of new labour codes.
Re-appointed Mr. Srikar Reddy as Executive Vice Chairman and Whole-time Director until April 2028.
💼 Action for Investors
Investors should view the strong top-line growth and consistent dividend payouts as positive indicators of business momentum. The dip in quarterly profit is largely due to a non-recurring exceptional item, making the underlying operational performance appear healthy.
Sonata Software Q3 FY26: Wins 2 Large Deals; AI Pipeline Hits $335M
Sonata Software's Q3 FY'26 presentation highlights strong momentum with two new large deal wins, including a $73M TMT contract and a $56M Healthcare contract. The company's AI-led pipeline has surged to $335M, reflecting a successful transition into modernization engineering. Cloud and Data services now dominate the revenue mix at 63%, while the BFSI and Healthcare verticals have scaled to 31% of the business. With 32 large deals currently in the pipeline, the company shows high visibility for future growth.
Key Highlights
Secured 2 large deals in Q3 FY'26 with a combined value exceeding $129M from TMT and Healthcare clients.
AI-led pipeline reached $335M, supported by a recent $13.7M AI-specific win.
Cloud & Data revenue contribution rose to 63% in YTD FY26, up from 50% in FY23.
BFSI and Healthcare verticals now account for 31% of revenue, compared to 9% in FY22.
Total TCV of net new large deals closed since FY22 stands at $483M across 26 deals.
💼 Action for Investors
Monitor the conversion of the 32-deal pipeline as the company successfully scales its AI and Cloud offerings. The shift towards larger, multi-year contracts and high-growth verticals like BFSI/Healthcare provides a positive outlook for margin expansion.
Sonata Software Q3 Revenue Jumps 54% YoY to ₹371 Cr; Declares ₹1.25 Interim Dividend
Sonata Software reported a robust year-on-year performance for Q3 FY26, with standalone revenue from operations rising to ₹37,108 lakhs from ₹24,143 lakhs in the previous year. The company declared its third interim dividend of ₹1.25 per share, maintaining its track record of shareholder returns. While net profit was impacted by a one-time exceptional charge of ₹2,620 lakhs related to new labour codes, the underlying operational growth remains strong. The board also ensured leadership continuity by re-appointing Srikar Reddy as Executive Vice Chairman until 2028.
Key Highlights
Standalone Revenue from operations grew 53.7% YoY to ₹37,108 lakhs.
Declared a third interim dividend of ₹1.25 per equity share with a record date of February 13, 2026.
Recognized a one-time exceptional expense of ₹2,620 lakhs due to the statutory impact of new labour codes.
Standalone Net Profit for the quarter stood at ₹3,304 lakhs, up significantly from ₹592 lakhs in the same quarter last year.
Re-appointed Mr. Srikar Reddy as Executive Vice Chairman and Whole-time Director for a two-year term starting April 2026.
💼 Action for Investors
Investors should view the strong revenue growth and consistent dividend payouts as positive indicators of business health. The sequential profit dip is primarily due to non-recurring exceptional items and lower other income, suggesting the core business remains on a growth trajectory.
Sonata Software to Announce Q3 FY26 Results on February 6, 2026
Sonata Software Limited has scheduled its board meeting on February 6, 2026, to approve the un-audited financial results for the quarter and nine months ended December 31, 2025. Following the board meeting, the company will host an analyst and investor conference call at 6:30 PM IST to discuss performance. As a company with $1 billion in revenue, the focus will be on its AI-first modernization strategy and the adoption of its GenAI platform, Harmoni.AI. Investors will be looking for growth updates across its key verticals including BFSI, Healthcare, and Retail.
Key Highlights
Q3 FY26 financial results to be approved and announced on February 6, 2026.
Earnings conference call scheduled for February 6, 2026, from 6:30 PM to 7:30 PM IST.
Company maintains a $1 Billion revenue run rate with a focus on AI-First Modernization Engineering.
Management to provide updates on new offerings like AgentBridge and the Harmoni.AI platform.
Results will cover performance across North America, UK, Europe, APAC, and ANZ regions.
💼 Action for Investors
Investors should monitor the Q3 results for signs of margin improvement and growth in the AI-led services segment. Key metrics to watch include the deal pipeline in the TMT and BFSI sectors and management's outlook on client IT spending.
Sonata Software declares ₹1.25 interim dividend; Q2 results approved
Sonata Software's board approved the unaudited financial results for Q2 and half-year ended September 30, 2025. A second interim dividend of ₹1.25 per equity share (125% on par value of Re. 1) for the financial year 2025-26 was declared. The record date for the dividend is November 21, 2025, and payment will be made on or after December 3, 2025. Revenue from operations for the quarter ended September 30, 2025, stood at ₹30,640 lakhs.
Key Highlights
Declared a Second Interim Dividend of ₹1.25 per Equity share
Record date for dividend is 21st November, 2025
Q2 Revenue from operations: ₹30,640 lakhs
Total income for the quarter ended September 30, 2025, is ₹44,866 lakhs
Profit for the period (5 - 6) ₹14,677
💼 Action for Investors
Shareholders should note the record date for the interim dividend and ensure their email IDs are registered with the company to receive communications regarding tax deductions. Monitor the company's performance in the coming quarters.