Page 22 - Sonata Software News Today

The Board of Directors of Sonata Software Ltd at its meeting held today i.e. 13th May 2023, has recommended a Final Dividend of Rs. 8.75/- per equity share i.e., 875% on par value Re. 1/-.

The Board of Directors of Sonata Software Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.

Stocks to Watch: Check out the companies making headlines before the opening bell today.

Based on the OI percentage, 60 stocks were on the short-covering list. These included Oracle Financial, GNFC, Syngene International, Aarti Industries, and Pidilite Industries.

After a week filled with better-than-expected quarterly earnings report of giant firms like TVS, HDFC, etc, stock market investors will be keenly waiting for Q4 report of Tata Motors, Canara Bank, HAL, DLF, Vedanta, and others next week

The SaaS firm had a free cash flow of $9.1 million in the quarter under review up from negative $1.4 million in the first quarter of 2022.

Market sentiment remains cautious amid persisting concerns over rate hikes, its impact on economic growth and shrinking corporate profitability

Nifty futures on the Singapore Exchange traded 86 points, or 0.47 per cent, lower at 18,134.50, hinting at a negative start for the domestic market on Wednesday.

The SaaS company posted its first-ever adjusted operating profit of $3.9 million as a public company. Net loss for the quarter narrowed to $42.7 million, from $49.1 million a year earlier.

Freshworks reported an adjusted operating profit for the first time in Q1 2023, posting a non-GAAP profit of $3.88 Mn during the quarter.