Sonata Software reported a consolidated net profit of ₹1,081 crore for the quarter ended June 30, 2026, marking a marginal decline of 1.1% from ₹1,093 crore in the corresponding quarter of FY25. Despite the dip in bottom-line figures, the company’s revenue from operations grew by 10.6% year-on-year to ₹32,791 crore, up from ₹29,651 crore in Q1FY25. The Board of Directors also approved an interim dividend of ₹1.25 per equity share, representing a 125% payout on the par value of ₹1.

The financial results were reviewed by the Audit Committee and approved by the Board at its meeting held on August 06, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The standalone net profit stood at ₹411 crore, compared to ₹226 crore in the prior year period, while standalone revenue increased significantly to ₹4,438 crore from ₹2,785 crore.

Financial Performance Overview

On a standalone basis, the company recorded a profit before tax of ₹550 crore, compared to ₹365 crore in the previous year. The total comprehensive income attributable to owners of the parent rose sharply to ₹1,601 crore on a consolidated basis, up from ₹1,134 crore in Q1FY25, indicating improved overall value creation despite the slight dip in net profit.

Key Developments and Exceptional Items

The filing highlighted two significant exceptional items that impacted the previous year’s comparatives. In March 2026, Sonata Software North America Inc., a wholly owned subsidiary, initiated proceedings against a customer, leading to an allowance for expected credit losses of ₹969 crore (USD 10.64 million) on outstanding receivables. This was disclosed as an exceptional item for the quarter and year ended March 31, 2026.

Additionally, the company finalized payout terms for contingent consideration related to the acquisition of Sonata Software Solutions North America, Inc. (formerly Quant Systems Inc.). An amount of ₹653 crore (USD 6.89 million), previously considered payable, was concluded as not payable and disclosed as an exceptional item for the quarter and year ended March 31, 2026.

Leadership Changes

Mr. Samir Dhir resigned from the position of Executive Director upon the expiration of his term on May 08, 2026. The Board appointed Mr. Rajsekhar Datta Roy as the Chief Executive Officer effective May 09, 2026. Management stated it is actively monitoring the legal matter with the customer in consultation with legal advisors to protect the Group’s interests.

Sonata Software has declared an interim dividend of ₹1.25 per share, marking a direct return of value to its shareholders. The announcement underscores the company's intent to distribute profits to its investor base through an interim payout.

Dividend Declaration Details

The following table summarises the key details of the interim dividend announcement:

Sonata Software's board has approved this interim dividend, providing shareholders with a cash distribution per equity share held. No further details regarding the record date, payment date, or financial period were specified in the available source data.