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Stock Market Live Updates: Sensex gains 350 pts, Nifty above 21,700 in early trade; IT sector in focus

Stock Market Live Updates: Sensex gains 350 pts, Nifty above 21,700 in early trade; IT sector in focus
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Sonata Software - International Revenue in $ grew by 8 6% QoQ, and Domestic Gross Contribution grew by 2 9% QoQ

Sonata Software shares shed 5% on sluggish Q4 growth

The company s Q4 FY23 net profit declined 3 percent QoQ to Rs 114 crore, while net sales saw a 15.36 percent QoQ decline to Rs 1,913.50 crore. However, the consolidated EBITDA rose 2 percent QoQ to Rs 177 crore and 15 percent YoY.

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