Ramco Systems Q2 profit plunges on higher expenses
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Ramco Systems reported a net profit of $0.05 million for the quarter ended September 2026, down from $1.47 million last year.
- ✓Higher expenses hit the software firm hard.
- ✓CEO Sandesh Bilagi said, "Order booking this quarter was the highest in eight quarters," showing strong interest in their new AI-native products.
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- India Economy
Ramco Systems Q2 FY27 net profit drops to $0.05 million, down from $1.47 million a year ago
Ramco Systems, the software firm from Chennai's Ramco Group, reported a steep drop in net profit for the quarter ended September 2026 (Q2 FY27). Profit stood at $0.05 million, down from $1.47 million in the same quarter last year.
The software products company's consolidated revenue for the quarter stood at $19.2 million, down 5 per cent from $20.3 million in the same quarter last year. Growth in other expenses dragged down profit.
Annual recurring revenue stood at $12.09 million while the unexecuted order book was at $161 million, the company said in an exchange filing.
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