Sonata Software Q3 Results: Profit after tax declines 1.4% QoQ, revenue rises

Shares of Sonata Software ended 0.3% higher at ₹551.60 on Thursday.

Shares of Sonata Software ended 0.3% higher at ₹551.60 on Thursday.

The tile and sanitaryware maker posted a profit after tax of ₹10 crore for the quarter ended Dec. 31, down from ₹23 crore a year earlier. Revenue from operations rose 5.1% year-on-year to ₹640 crore.

Ahead of earnings announcement, shares of Aurobindo Pharma ended the trading session flat at ₹1,184.50 apiece on the BSE, down 0.62%.

The board has declared a second interim dividend of ₹3.50/share after the interim dividend of ₹4 announced on November 7 last year. Shares of Cochin Shipyard Ltd ended at ₹1,411.30, down by ₹12.45, or 0.87%, on the BSE.

Aadhar Housing Finance’s assets under management (AUMs) witnessed a growth by 21 per cent to ₹ 23,976 crore from ₹ 19,865 crore. Ahead of earnings, the HFC’s shares ended nearly 1% up.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at ₹555 million, with a 7.8% margin, impacted by inflationary pressures and unfavourable raw material prices. Profit after tax (PAT) came in at ₹278 million, reflecting a 3.9% margin, while basic…

Gulf Oil Lubricants has declared an interim dividend of ₹20 per equity share of face value ₹2 each (1000%) for FY25. Shares of Gulf Oil Lubricants India Ltd ended at ₹1,073, up by ₹4.50, or 0.42%, on the BSE.

Analysts polled by CNBC-TV18 had projected a net profit of ₹1,110 crore, making this a better-than-expected performance for the world’s largest two-wheeler manufacturer.

Shares of JK Lakshmi Cement closed 8.16% higher at ₹847.95 on the BSE on Thursday.

The Accel-backed food and beverage company is expected to hit the markets sometime between November and December this year. The IPO is unlikely to witness the exit of existing investors. The startup was last valued at ₹3,800 crore.