Brief: Sonata Software Sees Q1, Q2 FY 2021 Performance Affected Due To A Client Suspending Ops

Sonata Software

30/03/2020 12:01

March 30 (Reuters) - Sonata Software Ltd  SOFT.NS :
    * DUE TO COVID-19 SITUATION, ONE OF CO'S "LARGE CLIENTS" HAD
TO
TEMPORARILY SUSPEND THEIR OPERATIONS
    * BELIEVE OPERATIONS SUSPENSION BY ONE OF CO'S "LARGE
CLIENTS"
WILL IN "IMMEDIATE FUTURE" IMPACT PROFITS BY UP TO 40%
    * EXPECT OPERATIONS SUSPENSION BY ONE OF CO'S "LARGE
CLIENTS" TO
AFFECT Q1, Q2 PERFORMANCE FOR FY 2021

Source text for Eikon:  ID:nBSE7MbLzY 
Further company coverage:  SOFT.NS 

 ((Reuters.Briefs@thomsonreuters.com;))