Ramco Systems Reports Mixed Q2 FY26 Results: Standalone Profit Amidst Consolidated Loss
Ramco Systems announced Q2 FY26 results with standalone net profit of Rs. 9.44 crore and consolidated net loss of Rs. 25.07 crore. Consolidated revenue grew 18.5% YoY to Rs. 1,757.76 crore. Half-year standalone operations showed significant improvement with Rs. 58.26 crore profit. The company allotted 46,953 equity shares under ESOP, increasing paid-up capital to Rs. 373.98 crore. Ramco's Qatar subsidiary was voluntarily closed without financial impact.

*this image is generated using AI for illustrative purposes only.
Ramco Systems Limited , a global enterprise software provider, has announced its financial results for the second quarter of fiscal year 2025-26, revealing a mixed performance across its standalone and consolidated operations.
Standalone Performance
On a standalone basis, Ramco Systems demonstrated resilience:
- Net profit stood at Rs. 9.44 crore for Q2, compared to Rs. 48.82 crore in the same quarter last year.
- Revenue from operations was Rs. 876.98 crore, down from Rs. 909.63 crore in the previous year's corresponding quarter.
Consolidated Results
The consolidated figures paint a different picture:
- The company reported a net loss of Rs. 25.07 crore for Q2, contrasting with a profit of Rs. 47.87 crore in the same quarter last year.
- Consolidated revenue, however, showed growth, reaching Rs. 1,757.76 crore, an 18.5% year-on-year increase.
Half-Year Performance
For the half-year ended September 30, 2025:
- Standalone operations recorded a net profit of Rs. 58.26 crore, a significant improvement from a loss of Rs. 267.82 crore in the previous year.
- Consolidated operations narrowed their losses to Rs. 19.67 crore, compared to a loss of Rs. 263.90 crore in the previous year.
Key Financial Metrics
| Metric | Q2 FY26 (Consolidated) | Q2 FY25 (Consolidated) | Change (YoY) |
|---|---|---|---|
| Revenue | 1,757.76 | 1,425.12 | +18.5% |
| Net Profit/(Loss) | (25.07) | 47.87 | - |
| EBITDA | 407.12 | - | - |
*All figures in Rs. crore
Corporate Actions
- The company allotted 46,953 equity shares under its Employee Stock Option Schemes during the quarter.
- This allotment increased the paid-up capital to Rs. 373.98 crore.
Operational Update
Ramco Systems' subsidiary in Qatar, Ramco System LLC, has been voluntarily closed effective October 30, 2025. The company stated that this closure has no impact on its financials as the subsidiary had not commenced any business operations since its incorporation in December 2022.
Conclusion
The mixed results, with standalone profitability and consolidated revenue growth despite a net loss, indicate that Ramco Systems is navigating through a challenging business environment. The company's focus on employee stock options and the closure of a non-operational subsidiary suggest ongoing efforts to streamline operations and align employee interests with company performance.
Historical Stock Returns for Ramco Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.26% | -5.53% | +18.97% | +58.01% | +56.18% | +41.38% |
















































