Ramco Systems posts Q1 revenue of USD 15.70m
Ramco Systems posts Q1 revenue of USD 15.70m
Chennai, India – July 26, 2022: Ramco Systems (BSE - 532370, NSE – RAMCOSYS); a global enterprise software company focusing on Next Generation Cloud Enterprise Applications, today announced the results for the first quarter of the financial year 2022-23.
For the quarter ended June 30, 2022 (Q1: 2022-23), global consolidated income of Ramco Systems Limited stood at USD 15.84m (Rs 120.9cr). The net loss after tax for the quarter amounted to USD 6.64m (Rs. 50.7cr).
Q1 Highlights:
Quarterly order booking stands at USD 21.77m – highest in the last five quarters
Ramco Global Payroll & HR business unit witnesses 85% growth in order bookings QoQ
5 ‘Million-Dollar-Plus’ deals signed
Wins during the quarter include 5 orders fr...