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Ramco Systems Ltd Q1FY24; 17% rise in Revenue

Ramco Systems is an enterprise software player having multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. The company is a part of Ramco Group. It is headquartered in Chennai, and has around 1800+ employees spread across 24 offices globally.

Financial Results:

Ramco Systems Ltd reported Revenues for Q1FY24 of ₹140.00 Crores up from ₹120.00 Crore year on year, a rise of 16.67%.

Total Expenses for Q1FY24 of ₹189.00 Crores up from ₹171.00 Crores year on year, a rise of 10.53%.

Consolidated Net Profit of -₹47.00 Crores from -₹51.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹13.27, from -₹16.45 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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