Total income jumped 11.41% year on year (YoY) to Rs 143.42 crore in the quarter ended September 2024. The company reported a pre-tax loss of Rs 6.58 crore in the second quarter of FY25 as against a pre-tax loss of Rs 147.73 crore in Q2 FY24. Total expenses tumbled 45.74% YoY to Rs 150 crore during the quarter. Other expenses stood at Rs 48.57 crore (down 71.8% YoY) and employee benefits expense was at Rs 77.09 crore (down 4.47% YoY) during the period under review. For the quarter ended 30 September 2024, global consolidated income of Ramco Systems stood at $17.23 million (Rs 143.4 crore). The order booking stood at $10.7 million during the quarter under review. Meanwhile, the company announced that Sundar Subramanian, CEO will step down from his position effective from 3 January 2025, to focus on personal interests. The board has appointed Abinav Raja, currently Whole Time Director, as Managing Director of the company. P.R. Venketrama Raja, chairman of Ramco Systems, said, This year, we embarked on a strategic modernization journey with the launch of Ramco Payce, marking a pivotal milestone and underscoring our commitment to innovation. The recent release of Ramco Aviation 6.0 further strengthens the path, setting a foundation for sustained progress. Going forward, this momentum will extend across all business units, driving operational excellence and positioning us for substantial growth ahead. Ramco Systems is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. Shares of Ramco Systems closed 1.65% lower at Rs 421.35 on Friday, 8 November 2024. Powered by Capital Market - Live

Net Loss of Ramco Systems reported to Rs 9.74 crore in the quarter ended September 2024 as against net loss of Rs 145.81 crore during the previous quarter ended September 2023. Sales rose 12.36% to Rs 142.51 crore in the quarter ended September 2024 as against Rs 126.83 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales142.51126.83 12 OPM %11.65-99.84 - PBDT16.27-126.25 LP PBT-6.58-147.73 96 NP-9.74-145.81 93 Powered by Capital Market - Live

Ramco Systems will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

Ramco Systems has allotted 1,04,224 equity shares under ESOP on 17 September 2024. Consequently, the paid up equity share capital has increased to 3,71,28,748 equity shares of Rs.10/- each.Powered by Capital Market - Live

Ramco Systems announced the release of version 6.0 of its Aviation Software - a revolutionary product release designed to transform M&E and MRO operations with AI-driven insights, advanced automation, and seamless integration. An integrated solution with modules for Contracts, Engineering, Planning, Maintenance, Supply Chain Management, Finance, ePUBS and advanced mobility capabilities, Ramco Aviation Software 6.0 is built to handle the challenges of tomorrow.The release introduces many unparalleled features that enable organizations to digitally transform their maintenance execution processes, as well as their management of flight safety, materials and commercials, with some of the key features and modules including: ' Engine MRO Module: A cutting-edge module designed exclusively for Aviation Engine Maintenance, Repair, and Overhaul (MRO) operations, providing unparalleled precision and efficiency in engine maintenance management ' Maintenance Control Centre (MCC) Hub: To facilitate seamless operations, and provide MCC personnel with the capability to review aircraft readiness for upcoming schedules ' Aviation Material Requirements Planning (MRP) Module: A proprietary module to enhance organization's planning and optimization capabilities through optimization of resource allocation and scheduling ' Graphical Quote Comparison Tool: To streamline decision-making process for purchases, and enable organizations with useful insights that help determine the best option ' Purchase Automation Framework: A robust framework that streamlines purchase order management with a onetime setup of automation rules ' Enhanced Pricing Solutions: The addition of enhanced capabilities to its pricing solutions, to enable organizations streamline billing and invoicingPowered by Capital Market - Live

Net Loss of Ramco Systems reported to Rs 19.65 crore in the quarter ended June 2024 as against net loss of Rs 46.76 crore during the previous quarter ended June 2023. Sales declined 1.83% to Rs 136.98 crore in the quarter ended June 2024 as against Rs 139.54 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales136.98139.54 -2 OPM %2.51-18.25 - PBDT3.29-26.64 LP PBT-18.25-48.30 62 NP-19.65-46.76 58 Powered by Capital Market - Live