Buy Sonata Software, target price Rs 503: Prabhudas Lilladher

Prabhudas Lilladher has buy call on Sonata Software with a target price of Rs 503. The current market price of Sonata Software Ltd. is Rs 481.4.

Sonata Software Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 5116.53 Crore) operating in IT Software sector.

Sonata Software Ltd. key Products/Revenue Segments include Computer Software, Software Products and Other Operating Revenue for the year ending 31-Mar-2020.


Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 1399.41 Crore, up 73.58 % from last quarter Total Income of Rs 806.21 Crore and up 12.36 % from last year same quarter Total Income of Rs 1245.47 Crore. Company reported net profit after tax of Rs 53.79 Crore in latest quarter.