Ramco Systems Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Ramco Systems Ltd reported a 9.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 22.3%.
- Its expenses for the quarter were up by 11.1% QoQ and 7.0% YoY.
- The net profit increased 4.8% QoQ and decreased 61.3% YoY.
- The earnings per share (EPS) of Ramco Systems Ltd declined at 2.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 157.56 | 143.42 | 128.88 | 9.9% | 22.3% |
Total Expenses | 166.61 | 150.00 | 155.67 | 11.1% | 7.0% |
Profit Before Tax | -9.05 | -6.58 | -26.79 | 37.5% | -66.2% |
Tax | 1.04 | 3.06 | -0.67 | -66.0% | -255.2% |
Profit After Tax | -10.10 | -9.64 | -26.12 | 4.8% | -61.3% |
Earnings Per Share | -2.80 | -2.70 | -7.50 | 3.7% | -62.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ramco Systems Ltd is a prominent company engaged in providing enterprise software solutions, primarily focusing on cloud and mobile-based enterprise software in various sectors. The company's offerings include ERP (Enterprise Resource Planning), HCM (Human Capital Management), and Aviation M&E MRO software. Ramco Systems operates within the software and IT services industry, catering to diverse sectors such as aviation, logistics, and manufacturing. The company has been actively enhancing its product offerings with technological advancements like artificial intelligence and machine learning. Recent developments in the company may involve strategic partnerships or expansions into new markets, although specifics are not available in the provided data.
Revenue
In the third quarter of FY25, Ramco Systems Ltd reported a total income of ₹157.56 crores, showing a 9.9% increase from ₹143.42 crores in Q2FY25 and a 22.3% rise compared to ₹128.88 crores in Q3FY24. The year-over-year growth rate highlights a significant improvement in revenue generation, indicating an expansion of the company's business activities or market reach. The quarter-over-quarter growth also points to a consistent upward trajectory in income, reflecting potential effectiveness in the company's operational strategies or market demand.
Profitability
Ramco Systems Ltd's profitability metrics for Q3FY25 reveal a loss before tax of ₹9.05 crores. This reflects a 37.5% increase in loss from ₹6.58 crores in Q2FY25, but a substantial reduction of 66.2% in losses compared to ₹26.79 crores in Q3FY24. The profit after tax for the current quarter stood at a negative ₹10.10 crores, marginally increasing from a negative ₹9.64 crores in the previous quarter, yet significantly better than the negative ₹26.12 crores recorded a year ago, marking a 61.3% year-over-year improvement. The earnings per share (EPS) also improved from the previous year, moving from a negative ₹7.50 to a negative ₹2.80, showcasing a 62.7% year-over-year enhancement.
Operating Metrics
The total expenses for Ramco Systems Ltd in Q3FY25 amounted to ₹166.61 crores, up 11.1% from ₹150.00 crores in Q2FY25 and 7.0% from ₹155.67 crores in Q3FY24. Despite the increase in expenses, the company's operational efficiency may still be assessed through other metrics such as the reduction in net losses and improvement in EPS. The tax amount for Q3FY25 was ₹1.04 crores, which is a significant decrease of 66.0% from ₹3.06 crores in Q2FY25, and a change from a negative tax effect of ₹0.67 crores in Q3FY24, indicating fluctuations in tax liabilities over the periods analyzed. These financial metrics provide insights into the company's operational dynamics and cost management over the recent quarters.
