Sonata Software Looks To Reduce Dependence On Top Ten Clients
Sonata Software aims to lower the revenue contribution from its top 10 clients over the next 3-4 years in order to reduce the risk of client concentration.
The company currently derives 70 percent of its revenue from top 10 clients. “We believe that as we add clients and quantum of revenue or the average revenue per new client increases, we could see this ratio moving towards about 60 percent or so from top 10 in the next 3-4 years,” Prasanna Oke, chief financial officer at Sonata Software told BloombergQuint in an interview.
It has added about 15-20 new clients in first 3 quarters of the current financial year.
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The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
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Medicine Pricing: Where Must Profit Stop?
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Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
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High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
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Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
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Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
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France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
