{"id":142763,"date":"2023-02-01T08:34:00","date_gmt":"2023-02-01T13:34:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142763"},"modified":"2023-02-24T08:36:23","modified_gmt":"2023-02-24T13:36:23","slug":"ramco-systems-limited-q3fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ramco-systems-limited-q3fy23-earnings\/","title":{"rendered":"Ramco Systems Limited Q3FY23 Earnings"},"content":{"rendered":"\n<p>Headquartered in Chennai, Ramco Systems Limited (RSL) is a leading cloud-based technology company with global operations. It is engaged in providing Enterprise Resource Planning, Human Capital Management and Aviation Maintenance &amp; Engineering (M&amp;E) &amp; Maintenance Repair &amp; Overhaul (MRO) software to its customers across the globe. The company is a part of Ramco Group and has around 1800+ employees spread across 24 offices globally.&nbsp;<\/p>\n\n\n\n<p>Massive applications (like ERP, Payroll, HCM, etc.) that used to be run from private data centers are now running on third party \/ hosted environments (based on cloud technology) and the client companies are just subscribing to the service.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/ramcosys\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ramco Systems Ltd.<\/a>\u2019s revenue in Q3FY23 rose 1% to \u20b9 1,275 millions. Consolidated Loss After Tax came at \u20b9 503 millions. In this quarter\u2019s&nbsp;<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/d3ce8ddf-00de-4b95-9331-2fae21f9deed.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">results<\/a>, the reports suggested that the persistent losses are due to the high levels of expenditure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Headquartered in Chennai, Ramco Systems Limited (RSL) is a leading cloud-based technology company with global operations. It is engaged in providing Enterprise Resource Planning, Human Capital Management and Aviation Maintenance &amp; Engineering (M&amp;E) &amp; Maintenance Repair &amp; Overhaul (MRO) software to its customers across the globe. The company is a part of Ramco Group and [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":142056,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,6352,8],"tags":[8142,866,8235,10511],"class_list":["post-142763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-research-summary","category-technology-stocks","tag-aviation","tag-cloud-computing","tag-engineering","tag-erp"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":139792,"url":"https:\/\/alphastreet.com\/india\/ramco-systems-limited-q3fy23-reported-losses\/","url_meta":{"origin":142763,"position":0},"title":"Ramco Systems Limited Q3FY23; Reported Losses","author":"Karan_Singh","date":"February 1, 2023","format":false,"excerpt":"Ramco Systems Ltd.\u2019s revenue in Q3FY23 rose 1% to \u20b9 1,275 millions. Consolidated Loss After Tax came at \u20b9 503 millions. In this quarter\u2019s\u00a0results, the reports suggested that the persistent losses are due to the high levels of expenditure.","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RAMCOSYS.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RAMCOSYS.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RAMCOSYS.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RAMCOSYS.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RAMCOSYS.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":146463,"url":"https:\/\/alphastreet.com\/india\/ramco-systems-ltd-q4fy23-results-out-revenue-grows-by-2\/","url_meta":{"origin":142763,"position":1},"title":"Ramco Systems Ltd Q4FY23 results out, revenue grows by 2%","author":"Chirag Gupta","date":"May 17, 2023","format":false,"excerpt":"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.\u00a0 Ramco Systems\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":161473,"url":"https:\/\/alphastreet.com\/india\/ramco-systems-ltd-q4fy24-4-rise-in-revenue\/","url_meta":{"origin":142763,"position":2},"title":"Ramco Systems Ltd Q4FY24; 4% rise in Revenue","author":"Chirag Gupta","date":"May 21, 2024","format":false,"excerpt":"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:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-162.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-162.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-162.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-162.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-162.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-162.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151668,"url":"https:\/\/alphastreet.com\/india\/ramco-systems-ltd-q1fy24-17-rise-in-revenue\/","url_meta":{"origin":142763,"position":3},"title":"Ramco Systems Ltd Q1FY24; 17% rise in Revenue","author":"Karan_Singh","date":"August 7, 2023","format":false,"excerpt":"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:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143412,"url":"https:\/\/alphastreet.com\/india\/should-ramco-systems-be-in-your-portfolio-a-research-summary-of-the-stock\/","url_meta":{"origin":142763,"position":4},"title":"Should Ramco Systems be in your portfolio? A research summary of the stock","author":"Chirag Gupta","date":"March 27, 2023","format":false,"excerpt":"\"Q3 was a quarter of reassurance for Ramco. We witnessed significant momentum across geographies on the back of customer wins across Aviation, Banking, Healthcare, and Technology, reposing faith in our ability to deliver differentiated value.\u201d \u2013 P.R. Venketrama Raja, Chairman, Ramco Systems Stock Data: TickerRAMCOSYSExchangeNSE and BSEIndustryIT - Software Price\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-1131326107.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-1131326107.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-1131326107.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-1131326107.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":146469,"url":"https:\/\/alphastreet.com\/india\/ramco-system-ltd-q4fy23-revenue-soars-by-2-percent\/","url_meta":{"origin":142763,"position":5},"title":"Ramco System Ltd Q4FY23 revenue soars by 2 percent","author":"Chirag Gupta","date":"May 17, 2023","format":false,"excerpt":"Ramco Systems Ltd reported Total revenue for Q4 FY23 of \u20b9126 Crore, up from \u20b9124 Crore year on year depicting a growth of 2%. Consolidated Net Profit of -(\u20b945) Crore, down 273% from -(\u20b926) Crore in the same quarter of the previous year.\u00a0The Earnings per Share is -(\u20b914.45), down 159%\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dba57e9c-7301-4419-bc59-91176c073f80.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dba57e9c-7301-4419-bc59-91176c073f80.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dba57e9c-7301-4419-bc59-91176c073f80.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dba57e9c-7301-4419-bc59-91176c073f80.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dba57e9c-7301-4419-bc59-91176c073f80.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dba57e9c-7301-4419-bc59-91176c073f80.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142763"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/142056"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}