Ramco Systems Achieves Remarkable Turnaround with ₹9.4 Crore Q1 Profit
Ramco Systems has reported a significant turnaround in its Q1 financial performance. The company posted a net profit of ₹9.4 crore, compared to a loss of ₹19.7 crore in the same period last year. Revenue increased by 18.38% to ₹161.00 crore. EBITDA surged to ₹29.00 crore from ₹3.44 crore, with the EBITDA margin expanding to 18.01% from 2.51%. This performance indicates improved operational efficiency and cost management.
08Aug 25
Ramco Systems Posts 15% YoY Revenue Growth in Q1, Secures Million-Dollar Deals
Ramco Systems reported a 15% year-over-year revenue growth in Q1, with consolidated income reaching USD 19.36 million. The company secured significant client wins, including two 'Million-Dollar plus' deals. Order bookings increased by 36% quarter-over-quarter to USD 15.00 million. Recurring revenue rose to USD 11.08 million. The company maintained zero borrowings and granted 45,000 stock options under its Employee Stock Options Scheme - 2022.
30Jul 25
Ramco Systems Implements Aviation Software at Indamer Technics in Record Time
Ramco Systems has successfully implemented its Aviation Software at Indamer Technics Private Limited in just 45 days. The comprehensive solution includes modules for maintenance, engineering, supply chain management, quality, contract management, and finance. Indamer Technics has already seen benefits such as improved inventory accuracy, better tracking of orders, and streamlined billing. The system now powers every stage of Indamer Technics' workflow, from contract execution to aircraft delivery. Ramco Aviation Software is used by 24,000+ users globally, managing 4,000+ aircraft across 70+ aviation organizations.
22Jul 25
HDFC Bank Declares Rs 5.00 Special Interim Dividend and 1:1 Bonus Shares; Ramco Systems Announces 28th AGM
HDFC Bank's Board has declared a special interim dividend of Rs 5.00 per equity share with a record date of July 25. Additionally, they've approved a 1:1 bonus share issue with a record date of August 27, subject to approvals. Shareholders must dematerialize their shares by August 25 to be eligible for the bonus issue. Separately, Ramco Systems Limited announced its 28th AGM to be held on August 13 via video conferencing.
07Jul 25
Ramco Systems Forges Strategic Partnership with MCA Management Consultants
Ramco Systems, an enterprise software provider, has formed a strategic partnership with MCA Management Consultants. The collaboration aims to combine Ramco's technology solutions with MCA's consulting expertise, potentially strengthening Ramco's market position, enhancing solution implementation, and offering clients comprehensive technology-driven business services. This partnership is expected to address digital transformation challenges in the evolving technology landscape.
24Jun 25
Ramco Systems' PayCe Solution Takes Flight with Air Niugini
Ramco Systems Limited has successfully implemented its PayCe solution for Air Niugini, Papua New Guinea's national airline. This strategic move enhances Air Niugini's operational efficiency in payroll and workforce management. The PayCe solution offers comprehensive payroll management, advanced workforce planning, and seamless integration with existing airline systems. This implementation strengthens Ramco Systems' presence in the Asia-Pacific region and demonstrates its ability to cater to diverse markets in the aviation sector.
05Jun 25
Ramco Systems Streamlines Operations: Closes Inactive Overseas Branch
Ramco Systems, a global enterprise software provider, has announced the closure of an inactive overseas branch as part of its strategy to optimize international operations. The branch had not been conducting business for several years. This move aims to reduce operational costs and redirect resources to more productive areas. The company has not provided specific details about the location or historical significance of the closed branch.
04Jun 25
Ramco Systems Closes Overseas Branch Due to Lack of Business Operations
Ramco Systems has announced the closure of an overseas branch that had been inactive for several years. The decision is part of the company's strategy to optimize its global presence and resource allocation. The impact on overall operations is expected to be minimal due to the branch's prolonged inactivity. This move is seen as an effort to streamline international operations and focus resources on more profitable markets. Specific details about the branch's location and financial implications have not been provided.
Ramco Systems Bounces Back with Strong Q4 Performance
Ramco Systems has reported a significant financial turnaround in Q4. Revenue increased by 18.30% year-over-year to ₹1.55 billion. EBITDA surged to ₹416.00 million from ₹21.77 million last year. The company posted a net profit of ₹53.10 million, reversing previous losses. EBITDA margin expanded to 26.79% from 1.66% in the same quarter last year.
14May 25
Ramco Systems to Review Q4 Financial Results on May 21
Ramco Systems, an enterprise software provider, has announced it will review its fourth quarter (Q4) financial results on May 21, 2023. This review will provide insights into the company's performance for the last fiscal quarter and potentially the full year. Investors and analysts will be looking for key financial metrics including revenue growth, profit margins, and cash flow, as well as any future outlook or guidance from the company.
17Mar 25
Ramco Systems Soars with New Aviation Software Deal for Indamer Technics
Ramco Systems has won a contract to implement its next-generation aviation software solution at Indamer Technics Private Limited, a leading Indian aviation services provider. The comprehensive suite includes modules for maintenance, engineering, supply chain management, quality, contract management, customer billing, and finance. The software aims to enhance Indamer's operational efficiency by providing real-time insights, automation, and improved decision-making capabilities. This deal strengthens Ramco's position in the Indian aviation MRO market, where its software is already used by over 24,000 users across 90+ aviation organizations, managing more than 4,000 aircraft.
27Feb 25
Ramco Systems Soars with Successful Aviation Software Implementation for Philippine Airlines
Ramco Systems has successfully implemented its aviation software solution for Philippine Airlines' domestic PAL Express fleet operations. The cloud-based platform offers comprehensive modules for engineering, supply chain management, maintenance planning, and more. It enables PAL to manage multiple certifications, improve visibility, and enhance operational efficiency. Plans are underway to extend the solution to Philippine Airlines' main fleet. The implementation marks a significant step in PAL's digital transformation journey.
27Feb 25
Ramco Systems Soars as Philippine Airlines Successfully Implements Aviation Software
Ramco Systems has successfully implemented its Aviation Software for Philippine Airlines' domestic fleet operations, PAL Express (PALEx). The cloud-based platform optimizes operations for PALEx's A321, A320, and Q400 aircraft, covering modules from engineering to finance. The system enables PAL to manage multiple Air Operator Certificates and Approved Maintenance Organizations through a centralized hub. Preparations are underway to extend the solution to Philippine Airlines' main fleet. The implementation marks a significant step in PAL's digital transformation, enhancing operational capabilities and providing data-driven insights.
20Feb 25
Ramco Systems Expands Aviation Software Footprint with Fly Vaayu Partnership
Ramco Systems has secured Fly Vaayu, an Emirati cargo airline, as its latest client for aviation software implementation. The partnership covers key modules including CAMO, Maintenance Planning, Line Maintenance, Supply Chain Management, and Finance & Accounting. The software will also be implemented at Pradhaan Air Express, India's newest cargo airline. Fly Vaayu aims to transform Ras Al Khaimah into a regional cargo hub, while Pradhaan Air Express seeks to gain a competitive edge in the air cargo market. Ramco's aviation software is currently used by 24,000+ users managing 4,000+ aircraft globally across 90+ aviation organizations.