Comments
Ramco Systems has reported a net profit of ₹90 lakh for the quarter ended June against ₹2.95 crore in the same period last year. The bottomline slipped due to adoption of Indian Accounting Standards, says a company press release.
Revenue increased marginally to ₹110 crore (₹102 crore) with revenue from markets outside India at 69 per cent.
In the release, PR Venketrama Raja, Vice Chairman and MD, Ramco Systems, said that after infrastructure and software, the next wave in technology will revolve around Platform as a Service.
The company is geared up to address the market opportunity that lies ahead, he added.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.