Ramco Systems Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:
The Company has posted a net profit of Rs 285.482 million for the quarter ended December 31, 2007 as compared to net loss of Rs 38.677 million for the quarter ended December 31, 2006. Total Income has increased from Rs 196.717 million for the quarter ended December 31, 2006 to Rs 264.221 million for the quarter ended December 31, 2007.
The Consolidated Results (under AS 21) are as follows:
The Group has posted a net profit of Rs 176.766 million (USD 4.37 million) for the quarter ended December 31, 2007 as compared to net loss of Rs 121.195 million (USD 2.67 million) for the quarter ended December 31, 2006. Total Income has increased from Rs 463.257 million (USD 10.31 million) for the quarter ended December 31, 2006 to Rs 473.121 million (USD 12.07 million) for the quarter ended December 31, 2007.
The Company has posted a net profit of Rs 285.482 million for the quarter ended December 31, 2007 as compared to net loss of Rs 38.677 million for the quarter ended December 31, 2006. Total Income has increased from Rs 196.717 million for the quarter ended December 31, 2006 to Rs 264.221 million for the quarter ended December 31, 2007.
The Consolidated Results (under AS 21) are as follows:
The Group has posted a net profit of Rs 176.766 million (USD 4.37 million) for the quarter ended December 31, 2007 as compared to net loss of Rs 121.195 million (USD 2.67 million) for the quarter ended December 31, 2006. Total Income has increased from Rs 463.257 million (USD 10.31 million) for the quarter ended December 31, 2006 to Rs 473.121 million (USD 12.07 million) for the quarter ended December 31, 2007.
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