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Ramco Systems Ltd Q4FY23 results out, revenue grows by 2%

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. 

  • Ramco Systems Ltd reported Total revenue for Q4 FY23 of ₹126 Crore, up from ₹124 Crore year on year depicting a growth of 2%.
  • Total Expenses for Q4 FY23 of ₹185 Crore up, from ₹154 Crore year on year, a growth of 20%.
  • Consolidated Net Profit of -(₹45) Crore, down 273% from -(₹26) Crore in the same quarter of the previous year.
  • The Earnings per Share is -(₹14.45), down 159% from -(₹8.58) in the same quarter of the previous year.
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