Sonata Software tanks 19%, stock hits 52-week low on muted Q3 earnings

Shares of Sonata Software hit a 52-week low of Rs 445.65, as they tanked 19 per cent on the BSE in Friday’s intra-day trade amid heavy volumes after the company reported muted earnings for the quarter ended December 2024 (Q3FY25). The company reported revenue of $ 87 million, up 2.8 per cent quarter-on-quarter (QoQ) / 3.9 per cent year-on-year (YoY). In constant currency (CC) terms, the company reported revenue growth of 4.4 per cent QoQ and 5.1 per cent on YoY basis.