New Delhi, April 17 -- Sonata Software saw its share price tumbled 14% in Thursday's trade, April 17, to reach Rs.288 apiece after the company warned about a drop in revenue in fourth quarter of the last financial year.
In an filing to the exchanges on Wednesday, the company said that the revenue from its largest client to be lower in March quarter than the previously projected.
"The revenue estimates for Q4 2024-25 from our largest client are likely to be lower than anticipated, resulting in lower revenue from our international business for the said quarter than previously envisioned during the previous Analyst/Investor call held on 6th February 2025," the company said in its regulatory filing.
In the preceding December quarter (Q3FY2...
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