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#MarketAlert | Sonata down 7% 🔽 #Q4FY25 revenue from largest client expected to be lower than estimates, with global operations seeing lower-than-expected revenues. #StockMarket #SonataSoftware #Earnings #BusinessNews https://t.co/D24f8jVNwd
#MarketAlert | Sonata down 7% 🔽 Q4 FY25 revenue from largest client expected to be lower than estimates, with global operations seeing lower-than-expected revenues. #StockMarket #SonataSoftware #Earnings #BusinessNews https://t.co/nR4epOQd9N
#MarketsWithBS | #sonatasoftware shares tumbled 13.4% in Thursday's trade, registering an intraday low at ₹290 per share on #BSE. #markets #sharemarket #StockMarket https://t.co/jXyp3ZCeSZ
Sonata Software warned of a decline in its international business revenue for the fourth quarter of fiscal year 2025, driven by lower-than-expected revenue estimates from its largest client. This announcement led to a sharp decline in the company's share price, which fell as much as 13.4% intraday to ₹290 per share on the Bombay Stock Exchange. The stock experienced a drop of nearly 11% following the management's revenue warning, with market reports indicating a decrease of around 7% at certain points during trading. The company's outlook for Q4 FY25 now reflects reduced revenue from global operations compared to prior expectations.
