Ramco Systems on Thursday reported a 18 per cent growth in the consolidated revenue from operations at ₹155.2 crore for the fourth quarter of FY25 ended March. The net profit after tax for the quarter stood at Rs 5 crore compared to a loss of ₹22 crore in the same quarter last year.
For the full fiscal year, the software product company’s consolidated revenue grew 13 per cent YoY to end at ₹591 crore. The net loss after tax for the year stood at ₹34 crore and was brought down substantially from FY24, when net loss was ₹242 crore.
“The transformation journey we began several quarters ago, focused on revamping our platforms, modernizing our tech stack, and laying the foundation for scalable, user-friendly, and future-ready enterprise software — has begun to yield results,” P R Venketrama Raja, Chairman, Ramco Systems, said.
Despite subdued order bookings of $56 million, the company achieved 10 per cent growth in revenue, Ramco Systems said in a statement.
The company noted that its transition to a SaaS model further strengthened with recurring revenue consistently contributing around 60 per cent of total revenue. “Unexecuted Order Book remained strong at $166 million, providing clear revenue visibility for the future, it added.
Abinav Raja, Managing Director, Ramco Systems, said, “We continued to make meaningful progress on our technology modernization initiatives, emphasizing user experience enhancements, automation, and AI-driven tools. These changes are enabling us to deliver our solutions more efficiently, reflecting our commitment to ongoing transformation and improved execution.”
Sandesh Bilagi, President & COO, Ramco Systems, said, “Operationally, we saw improvements in customer retention, reduced implementation timelines, and enhanced service quality, driven by our internal efforts to strengthen execution and organizational agility. While market conditions remained challenging, our team’s resilience supported steady business outcomes.”
Published on May 22, 2025