Sonata Software , a leading Modernization Engineering Company, has announced its unaudited financial results for the first quarter, ending June 30. The company reported steady growth and declared an interim dividend, showcasing its financial stability and commitment to shareholder value.

Financial Highlights

Sonata Software's consolidated Profit After Tax (PAT) grew by 1.7% quarter-on-quarter (QoQ) to ₹109.30 crores. The company's consolidated revenue stood at ₹2,965.20 crores, marking a significant 13.3% increase QoQ. Compared to the same period last year, the net profit increased from ₹106.00 crores to ₹109.00 crores, while revenue rose from ₹2,527.00 crores to ₹2,951.00 crores, demonstrating growth in both profitability and top-line performance.

Segment Performance

International IT Services

The International IT Services segment showed resilience with a 0.6% QoQ growth in USD terms, although there was a slight decline of 0.9% in constant currency terms.

Domestic Products & Services

The Domestic Products & Services segment demonstrated strong revenue growth, despite a decline in profitability metrics.

Key Operational Highlights

• Secured three large deals, including two in the BFSI sector and one in the TMT sector
• Added 7 new customers during the quarter
• Landed a mega deal worth $73 million for AI-led Digital Modernization with a leading US TMT company

Dividend Declaration

The Board of Directors has approved an interim dividend of ₹1.25 per equity share (125% on par value of ₹1). The record date for dividend payment is set for August 8, with the payment to be made on or after August 20.

Management Commentary

Mr. Samir Dhir, MD & CEO of Sonata Software, commented on the performance: "International IT Services marked steady progress with revenue growth of 0.6% QoQ. We secured three large deals - two in BFSI and one in TMT - underscoring our focus on large deals and execution strength. Our focused investments in Healthcare and BFSI have scaled from 13% to 32% of revenue over three years, validating our diversification strategy. As clients accelerate modernization to stay competitive, we remain confident in our long-term growth trajectory."

Mr. Sujit Mohanty, MD & CEO of Sonata Information Technology Limited, added: "We gained new clients in cloud and data protection services. Our continued investments and partnerships with leading cloud providers position us well to grow revenue from cloud-managed services in the coming quarters."

Financial Position

Sonata Software's results demonstrate the company's ability to navigate challenging market conditions while maintaining growth and shareholder returns. The focus on large deals, strategic investments in key sectors, and partnerships with leading cloud providers position the company well for future growth in the rapidly evolving IT services landscape.

Overall, Sonata Software's performance reflects a positive trajectory, with growth in consolidated revenue and PAT, along with strategic wins in key sectors. The company's commitment to shareholder value is evident through the declaration of an interim dividend, despite the challenges in the global IT services market.

Sonata Software , a leading Modernization Engineering company, has announced a strategic partnership with the Wharton AI & Analytics Initiative (WAIAI) at the Wharton School of the University of Pennsylvania. This collaboration aims to advance the understanding and application of agentic AI in enterprise operations, marking a significant step in Sonata's journey as an AI-led modernization leader.

Partnership Highlights

The partnership between Sonata Software and WAIAI will focus on several key areas:

• Evaluating agentic AI systems with emphasis on AI governance, compliance, human-AI collaboration, and enterprise adoption
• Refining Sonata AgentBridge's modular architecture to embed rigorous compliance and ethical safeguards
• Supporting the expansion of WAIAI's research initiatives in artificial intelligence

Collaborative Events and Research

As part of this initiative, Sonata Software and WAIAI will co-host a one-day academic convening in Fall 2025, centered on agentic AI. This event will facilitate discussions on opportunities and challenges through academic-industry dialogue, featuring roundtable discussions and interactive demos with experts from both sectors.

The insights gathered from this event will inform a white paper, highlighting key themes and recommendations on the ethical and effective deployment of agentic AI tools in enterprise contexts.

Executive Insights

Samir Dhir, Managing Director and Chief Executive Officer of Sonata Software, expressed enthusiasm about the collaboration, stating, "We're excited to collaborate with the Wharton AI & Analytics Initiative to explore the evolving capabilities of agentic systems within enterprise environments. This partnership reinforces our commitment to responsible AI by blending Sonata Software's platform-driven innovation with academic insight and by jointly examining how agentic systems can be responsibly adopted to deliver measurable business impact."

Sonata's AI Initiatives

This partnership with WAIAI marks Sonata Software's first major engagement with a U.S. Ivy League institution, underscoring its transformation into an AI-led Modernization leader. The company has recently launched its Agentic AI offering – AgentBridge – which enables enterprises to implement intelligent, scalable AI-driven operations.

Sonata Software has also partnered with the Indian Institute of Science (IISc) to power AI-driven scientific research and champion the adoption of a responsible-first AI approach.

About Sonata Software

Sonata Software, with $1.00 billion in revenue, is a leading AI-led Modernization Engineering company. The company's unique Modernization approach through Platformation.AI helps create efficient and agile digital businesses. Sonata offers a range of Modernization Engineering Services across Data, Cloud, Dynamics, Automation, Cyber Security, and emerging technologies like Generative AI.

As the partnership between Sonata Software and Wharton AI unfolds, it promises to bring new insights and advancements in the field of agentic AI, potentially reshaping the landscape of enterprise operations and AI adoption in the business world.