Aviation Aerospace Defense continues to win the trust of leading MROs and Defense majors expands product functionality to address Drones eVTOL Space Launch VehiclesLogistics emerges as a growth driver as eCommerce and change in distribution patterns spark market demandPartnership with leading Global HCM players spurt demand for Global PayrollLeading Business conglomerates choose Ramco ERP for driving enterprise-wide Digital TransformationRamco Systems a global enterprise software company focusing on Next Generation Cloud Enterprise Applications today announced the results for the third quarter of 2020-21.For the quarter ended December 31 2020 Q3 2020-21 global consolidated income of Ramco Systems Limited stood at USD 23.73m Rs 174.22 cr. The net profit after tax for the quarter amounted to USD 2.44m Rs 17.89 cr as against net profit of USD 0.82m Rs 5.78cr in the same period previous year.Q3 Financial HighlightsQuarterly order bookings stood at USD 38.40m 45 growth over Q2Six Million-Dollar-Plus deals signed with average deal size moving beyond 1Mn USDQuarterly revenue stood at USD 23.34m 8 growth over Q2EBITDA showed a healthy growth at 32 in Q3Q3 Business HighlightsRamco Aviation signs off the quarter on a high note Iberia Maintenance one of Europes leading MRO service providers in IAG Group chooses Ramco to digitally transform its business operations on a unified platformWith worlds largest commercial fleet of tactical ex-military aircraft onboard four of the top U.S. ADAIR Adversary Air Services Operators now trust RamcoRamco ERP announces digital transformational program at DLF Limited enhancing customer journey with an end-to-end digital experienceThrust on covering 50 country payroll compliance on a single platform and delivering best payroll experience brings home the 2020 HR Vendors of the Year Awards for Best Payroll Software and Best Payroll Outsourcing providerLogistics business sees record revenue with large clients onboarded during FY 21 positive momentum in pipeline triggered by surge in eCommerceCommenting on the results P.R. Venketrama Raja Chairman Ramco Systems said The pandemic has stepped up the need for organizations to go digital to survive and grow. It has helped speed up the transformation agenda for businesses globally. We see this as an opportunity for organizations to relook at their existing processes and adopt newer ways to experience exponential savings in time cost and effort. It is this focus that we place on delivering measurable results that has helped us continue to win the trust of global businesses. With focus on technology and innovation we are here to define the new normal.
🔍 Key Information
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Tender Reference No.
459935483
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Publication Date
08 Feb 2021
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Sector
Banking, Finance, Insurance and Securities (BFIS)
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Notice Type
News
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Location
India
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Documents & Downloads
No documents found
🏷️ CPV
No CPV found
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