Ramco Systems , a leading global payroll software provider, has solidified its position as a frontrunner in the payroll solutions market by securing multiple accolades at the prestigious HR Vendors of the Year 2025 awards. The company's innovative AI-powered payroll software, Ramco Payce, has earned recognition in both Malaysia and Singapore, demonstrating its strong presence in the Asia-Pacific region.

Award Breakdown

These wins underscore Ramco Systems' commitment to delivering cutting-edge payroll solutions that meet the evolving needs of businesses across diverse markets.

Ramco Payce: Powering Global Payroll

Ramco Payce, the company's flagship payroll software, has been instrumental in driving this success. Here are some key highlights of the solution:

• Global Reach: Serves over 500 customers worldwide
• Coverage: Supports payroll operations across 150 countries
• Technology: Leverages Artificial Intelligence (AI) for enhanced efficiency

The software's ability to handle complex payroll requirements on a global scale while maintaining accuracy and compliance has been a key factor in its recognition at the HR Vendors of the Year awards.

Impact on the Payroll Industry

Ramco Systems' achievements at these awards signify more than just corporate accolades. They represent a shift in the payroll industry towards more intelligent, automated, and globally capable solutions. As businesses continue to expand across borders and seek more efficient ways to manage their workforce, solutions like Ramco Payce are becoming increasingly vital.

The recognition in both the software and outsourcing partner categories also highlights Ramco Systems' versatility in offering both product and service solutions to meet diverse client needs.

Looking Ahead

As Ramco Systems continues to innovate and expand its payroll solutions, the industry can expect to see further advancements in AI-driven payroll processing, cross-border capabilities, and seamless integration with other HR and finance systems. These awards serve as a testament to the company's ongoing commitment to excellence and innovation in the global payroll space.

For businesses looking to streamline their payroll operations and leverage cutting-edge technology, Ramco Systems' recent accolades make it a compelling option to consider in the evolving landscape of HR and payroll solutions.

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

*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.