Software and consulting firm Sonata Software Ltd reported a loss of Rs 46.2 crore in the December 2023 quarter against Rs 124.2 crore profit in the September 2023 quarter. However, Sonata Software reported a 30.4% rise in revenue to Rs 2,493.3 crore in the last quarter against Rs 1,912.6 crore revenue in the preceding quarter.
Shriram Finance is the largest NBFC in India with an AUM of over Rs 2 lakh crore, said Bonanza, which believes that Shriram Finance appears cyclically well-positioned for business growth.