Fiscal Year 19-20 Highlights
Profit After Tax
Unexecuted Order Book (as on March 31, 2020)
In the world of business today, speed matters more than anything else, and Digital Transformation will be possible only when organizations are agile. Transforming operations will bring in operational excellence that will be driven by technology thus paving way for innovation and excellence. This is where Digital Transformation steps in. We, at Ramco, continue to emphasize on the fact that a true Digital Transformation is all about results that should be driving an improvement that is not just incremental but substantial. What was expected to become a need by 2025, has now become urgent and important.
Ramco records 3rd Consecutive Quarter of over 6% sequential growth in revenues
Rajapalayam - July 27, 2014
Rajapalayam, India – July 27, 2014: Ramco Systems (BSE - 532370, NSE – RAMCOSYS, MSE – RSST);, an enterprise software company focusing on enterprise cloud platform, products and services, today announced the results for the first quarter of FY 2014-15.
“For the quarter ended June 30, 2014 (Q1:14-15), global income of Ramco Systems Limited, including revenues from subsidiaries in USA, Canada, Switzerland, Singapore, Malaysia, Australia, South Africa, Sudan and Dubai stood at USD 13.06 m (Rs 77.80 cr). The QoQ revenue showed a healthy growth of 8.40% in dollar terms.
Successful Rights Issue, which corroborates the faith of investor community in Ramco’s future, allowed us to accelerate our process of transformation. We are increasing our investment into Product Enhancement, Talent acquisition, and Branding.
Commenting on the results, Mr. P.R. Venketrama Raja, Vice Chairman and Managing Director, Ramco Systems Limited, said, “Q1 has started on a good note with our overall revenue showing a sequential growth QoQ. Interestingly, Cloud Computing which was earlier touted as the preferred option of small and medium enterprises is gaining good traction from large enterprises. This is a welcome sign as many large enterprises at the time of upgrade cycle are questioning the need for heavy CAPEX and are ready to relook at their IT backbone. We are witnessing this trend in multiple ERP and HCM opportunities globally where organisations are giving their traditional on premises offering a miss to move to new age application on Cloud. With large multinationals such as Norske Skog, Kerzner and Indian companies like, Mother Dairy among others on board, we are confident of continuing the growth, in the quarters ahead.”
Download Q1-2014-15 Results