Ramco Systems Ltd.

Ramco Systems has reported results for second quarter ended September 30, 2020.

The company has reported 44.63% fall in its net profit of Rs 8.35 crore for the quarter under review as against net profit of Rs 15.08 crore for the same quarter in the previous year. However, total income of the company increased 0.59% at Rs 85.47 crore for Q2FY21 as compared Rs 84.97 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributable to shareholders at Rs 16.71 crore for the quarter under review as against net profit of Rs 7.40 crore for the same quarter in the previous year. Total income of the company increased by 9.02% at Rs 165.10 crore for Q2FY21 as compared Rs 151.44 crore for the corresponding quarter previous year.