Ramco Systems Ltd consolidated Q1FY23 loss at Rs. 50.68 crores

Ramco Systems Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 120.947 crores during the period ended June 30, 2022 as compared to Rs. 125.241 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -50.685 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -26.377 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -16.45 for the period ended June 30, 2022 as compared to Rs. -8.58 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹120.947 crs	₹125.241 crs	-3.43%
Net Profit	₹-50.685 crs	₹-26.377 crs	92.16%
EPS	₹-16.45	₹-8.58	91.72%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.120.947 crores during the period ended June 30, 2022 as compared to Rs.142.858 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-50.685 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-8.925 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-16.45 for the period ended June 30, 2022 as compared to Rs.-2.91 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹120.947 crs	₹142.858 crs	-15.34%
Net Profit	₹-50.685 crs	₹-8.925 crs	467.90%
EPS	₹-16.45	₹-2.91	465.29%

Shares of Ramco Systems Limited was last trading in BSE at Rs. 310.35 as compared to the previous close of Rs. 309.70. The total number of shares traded during the day was 13027 in over 1179 trades.

The stock hit an intraday high of Rs. 316.75 and intraday low of 303.55. The net turnover during the day was Rs. 4043238.00.

Source : Equity Bulls

Keywords

RamcoSystems Q1FY23 ResultUpdate