India's Sonata Software falls on estimating lower-than-expected rev from top client

Sonata Software

17/04/2025 09:10

** Sonata Software SOFT.NS falls 5.9%; set to snap five-session gaining streak

** Co says Q4 revenue from largest client likely to be lower than anticipated, resulting in lower revenue from international business

** Management had forecast ~2.5%-3.5% drop in international business in Q4

** Around 10 mln shares traded, ~10x the 30-day avg

** YTD, SOFT loses ~47%

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))