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Sonata Software Bags Mega AI Deals, Revenue Hits ₹2,965 Crore
Sonata Software reported a 13.3% sequential rise in consolidated revenue to ₹2,965.2 crore for the quarter ended June 30, 2025 (Q1 FY26), despite margin pressure and softness in parts of its business.
The net profit rose marginally by 1.7% QoQ to ₹109.3 crore, while EBITDA declined 7.6% QoQ to ₹159.6 crore.
The company remains bullish on long-term growth, particularly led by AI. CEO Samir Dhir said, “We secured three large deals—two in BFSI and one in TMT—underscoring our focus on large deals and execution strength.”
Dhir added that the company’s investments in healthcare and BFSI have scaled from 13% to 32% of revenue over three years. “As clients accelerate modernisation to stay competitive, we remain confident in our long-term growth trajectory,” he added.
In the international segment, revenue stood at $81.8 million, marking a 0.6% growth QoQ in reported terms but a 0.9% decline in constant currency. In rupee terms, revenue slipped 0.3% to ₹699.9 crore.
The EBITDA margin stood at 16.6%, flat compared to the previous quarter. Net profit grew by 13.5% QoQ to ₹70.7 crore.
During the quarter, Sonata added seven new clients, including a landmark $73 million AI-led digital modernisation deal with a major US-based TMT company. Dhir emphasised that this deal highlights Sonata’s growing reputation in the AI space.
The domestic products and services segment posted ₹2,274.7 crore in revenue, up 18.6% QoQ. However, profitability in this segment weakened. Gross contribution fell 12.6% to ₹68.5 crore, while EBITDA dropped 22.1% to ₹44 crore. Net profit declined 14.6% to ₹38.6 crore.
Mr. Sujit Mohanty, MD & CEO of Sonata Information,m said, “We gained new clients in cloud and data protection services. Our continued investments and partnerships with leading cloud providers position us well to grow revenue from cloud-managed services in the coming quarters.”
Despite the topline growth, the company reported a negative net cash position of ₹62.5 crore, even though gross cash and equivalents stood at ₹600 crore.
Compared to Q4 FY25, Sonata posted stronger revenue growth this quarter, especially in the domestic business. In Q4, consolidated revenue stood at ₹2,617.2 crore, while net profit was slightly lower at ₹107.53 crore.
However, Q1’s EBITDA dip and margin pressure raise concerns about operational efficiency.
India has rapidly become a key hub for life sciences global capability centres (GCCs), with nearly half of the world’s top 50 life sciences companies establishing a presence in the country—most within the past five years, according to a new EY India report.
The report, Reimagining Life Sciences GCCs, highlighted how India’s GCCs have evolved from back-office support centres into strategic engines driving drug discovery, regulatory affairs, and commercial operations.
“This isn’t about cost arbitrage anymore, it’s about India becoming indispensable to the global R&D pipeline,” said Arindam Sen, partner and GCC Sector Lead – technology, media & entertainment and telecommunications, EY India. “Life sciences multinationals are embedding their most strategic, knowledge-intensive work here, making India the epicentre for life sciences innovation, compliance, and future growth.”
According to EY, Indian life sciences GCCs now manage integrated functions across clinical trials, pharmacovigilance, supply chain analytics, biostatistics, and enabling services such as finance, HR, IT, and data analytics.
The study shows that GCCs handle 70% of finance, 75% of HR, 62% of supply chain, and 67% of IT functions for their global firms. Core functions have also grown sharply: 45% in drug discovery, 60% in regulatory affairs, 54% in medical affairs, and 50% in commercial operations.
India’s rise as a GCC hub is driven by four key factors: policy support from central and state governments, a strong talent pool of over 2.7 million life sciences professionals, access to a mature ecosystem including CROs, universities, and startups, and widespread infrastructure with scalable Grade-A office spaces.Looking ahead, the report noted that leading life sciences GCCs are positioning themselves as “twins” of their global headquarters, co-owning innovation and accelerating outcomes. Sen added, “Their evolution will be defined by future capabilities, operating model transformation, and building agile, multi-disciplinary teams skilled in areas like generative AI, bioinformatics, and digital health.”
AI PCs will make up 31% of the worldwide PC market by the end of 2025, according to Gartner. Shipments are projected to hit 77.8 million units this year, with adoption accelerating to 55% of the global market in 2026 and becoming the standard by 2029.
“AI PCs are reshaping the market, but their adoption in 2025 is slowing because of tariffs and pauses in PC buying caused by market uncertainty,” said Ranjit Atwal, senior director analyst at Gartner, in a statement. Despite this, users are expected to continue investing in AI PCs to prepare for greater edge AI integration.
AI laptop adoption is projected to outpace desktops, with 36% of laptops expected to be AI-enabled by 2025, compared to 16% of desktops. By 2026, nearly 59% of laptops will fall into this category. Businesses largely favour x86 on Windows, which is expected to represent 71% of the AI business laptop market next year, while Arm-based laptops are anticipated to see more substantial consumer traction.
To support this shift, Gartner predicts that 40% of software vendors will prioritise developing AI features for PCs by 2026, up from just 2% in 2024. Small language models (SLMs) running locally on devices are expected to drive faster, more secure, and energy-efficient AI experiences.
Looking ahead, Gartner notes that vendors must focus on software-defined, customisable AI PCs to build stronger brand loyalty. “The future of AI PCs is in customisation,” Atwal said.
Still, the rapid rise of AI PCs masks an industry-wide “TOPS race.” While Microsoft, AMD, Intel, and Qualcomm position AI PCs as the future, performance claims around neural processing units (NPUs) remain contested.
As industry leaders push for more TOPS, analysts warn that real-world AI performance may hinge less on specifications and more on practical workloads, software maturity, and user adoption.
The post AI PC Shipments to Hit 77 Million Units This Year: Report appeared first on Analytics India Magazine.
Hexaware Technologies has partnered with Replit to accelerate enterprise software development and make it more accessible through secure Vibe Coding. The collaboration combines Hexaware’s digital innovation expertise with Replit’s natural language-powered development platform, allowing both business users and engineers to create secure production-ready applications.
The partnership aims to help companies accelerate digital transformation by enabling teams beyond IT, such as product, design, sales and operations, to develop internal tools and prototypes without relying on traditional coding skills.
Amjad Masad, CEO of Replit, said, “Our mission is to empower entrepreneurial individuals to transform ideas into software—regardless of their coding experience or whether they’re launching a startup or innovating within an enterprise.”
Hexaware said the tie-up will facilitate faster innovation while maintaining security and governance.
Sanjay Salunkhe, president and global head of digital and software services at Hexaware Technologies, noted, “By combining our vibe coding framework with Replit’s natural language interface, we’re giving enterprises the tools to accelerate development cycles while upholding the rigorous standards their stakeholders demand.”
The partnership will enable enterprises to democratise software development by allowing employees across departments to build and deploy secure applications using natural language.
It will provide secure environments with features such as SSO, SOC 2 compliance and role-based access controls, further strengthened by Hexaware’s governance frameworks to meet enterprise IT standards.
Teams will benefit from faster prototyping, with product and design groups able to test and iterate ideas quickly, reducing time-to-market. Sales, marketing and operations functions can also develop custom internal tools tailored to their workflows, avoiding reliance on generic SaaS platforms or long IT queues.
In addition, Replit’s agentic software architecture, combined with Hexaware’s AI expertise, will drive automation of complex backend tasks, enabling users to focus on higher-level logic and business outcomes.
The post Hexaware, Replit Partner to Bring Secure Vibe Coding to Enterprises appeared first on Analytics India Magazine.
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