Dear Shareholders,
Reflecting on the past fiscal year, I feel immense pride in being part of Sonata, which
believes in delivering outstanding value to its clients, employees, communities, and
shareholders.
The world faces uncertainties, navigates uncharted waters, and encounters obstacles
that test our resilience. Our focus on innovation and emerging technologies has always
been a driving force in our strategy.
Sonata delivered a strong performance during the year. We gained market share and
strengthened our offerings, increased global expansion through new centers, and made
investments in AI. In the last twelve months, while Generative AI took the world by storm,
we geared ourselves to lead this change with Sonata Harmoni.AI. Our
‘Responsible-first' AI approach is gaining momentum, as the world braces for benefits
and challenges from Generative AI. Our Responsible-first approach ensures uncompromising
ethics, trust, privacy, security, and compliance.
At Sonata, our Sonatians are our greatest assets. Our recognition as the Most Preferred
Workplace 2023-24 in the IT/ITeS segment is a testament to our people-focused and
talent-conscious approach. We are committed to their growth and development, ensuring they
remain relevant in the ever-evolving world of technology. Our initiatives, such as Sonata
Spark and Tech-Fest, foster a culture of innovation and creativity, encouraging them to
explore and share what they have learned.
Our commitment to the Environmental, Social, and Governance (ESG) charter remains
unwavering. It is critical to our long-term success and building a sustainable future for
our company and stakeholders. Our efforts in this area include reducing our carbon
footprint, increasing diversity and inclusion, and improving our governance practices.
As the world becomes increasingly unpredictable, business leaders will look to
technology to help them navigate the maze. With Modernization Engineering prowess, Sonata
is well-positioned to enable desired business transformations for its clients and deliver
value from technology-led innovations.
We remain optimistic about our growth and the future, and are conscious that we are
responsible for making that future happen.
I take this opportunity to thank our stakeholders, clients, partners, and vendors for
their continued belief in us. Your support has been instrumental in our success, and we
remain committed to delivering outcomes that meet your changing needs in this
ever-evolving world.
Pradip PShah
Chairman,
Sonata Software Limited