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Questions across 1 call

Ashis Dash

Mirae Asset Capital

Sonata Software Limited

Sonata Software Limited CC-Mar25.pdf · 2025-05-07
Hi, thank you for giving me the opportunity. So my question is on your outlook. I just wanted to understand your FY26 revenue growth, because you are mentioning that your Q1 would be a weak quarter, a flattish quarter. Now, what I see that retail and accounting remains weak. And your large team would ramp up from Q2 and Q3 onwards. And Q1 will have a seasonality in Q4. So here, I want to understand your FY26 growth would be better than FY25 and if yes, what are the verticals would drive the growth?
Yes, that helps. Just wanted to understand one thing. See, in FY23, we also announced a large deal, $168 million. Also in Q2 FY25, if I'm not wrong we also announced a deal in the manufacturing vertical from Australia, I believe, but I don't see any growth in the retail. Though currently, we see the weakness in the retail and manufacturing vertical, but even if I look at the quarters numbers for the last five, seven quarters, I don't see any growth. So could you just explain to me what happened in the retail and manufacturing vertical?