Sonata Software

Sonata Software reported Q4 FY26 consolidated revenue of ₹2,536.2 croreCurrent reported value: ₹2,536.2 crore. No comparable prior figure is available in the source record., down 3.1% YoY, impacted by domestic headwinds from a large client moving to direct billing. International services revenue grew 6% QoQ in constant currency to $82.4 millionCurrent reported value: $82.4 million. No comparable prior figure is available in the source record., with EBITDA margin expanding 70 bps QoQ to 20.2%Current reported value: 20.2%. No comparable prior figure is available in the source record. driven by AI-led productivity gains and utilization of 91.8%Current 91.8%. Reported change: +180bps QoQ.. PAT for international services grew 40.6% QoQ to ₹84.2 crore. The company won two large deals in Q4, including a core banking modernization with a global fintech. AI pipeline reached $280 millionCurrent reported value: $280 million. No comparable prior figure is available in the source record., contributing 18%Current 18%. Reported change: +18pp YoY. of total order book. Management remains cautiously optimistic on gradual growth improvement, but macro uncertainty and elongated client decision cycles persist. Key risk: sustainability of TMT vertical upturn and potential further contraction in BFSI clients.