ReutersReuters

India's Sonata Software falls most since 2001 on Q4 profit drop

** Shares of India's Sonata Software SONATSOFTW fall as much 14.6%, lowest since Oct. 2023 at 545.05 rupees

** Stock sees worst intra-day pct fall since Oct 2001

** IT services co reports 8% fall in adjusted profit at its key international services business, 3% fall in overall PAT before exceptional items

** Decisions on large deals leading to delays and associated costs resulting in degrowth both in international revenue USD terms and consolidated PAT, co says

** Including day's losses, stock down 25.2% YTD vs 6.2% drop in IT index CNXIT

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